Informations Rapides ·
23 November 2023 · n° 293
In November 2023, the business climate in the building construction has darkened again Monthly survey of building - November 2023
According to the business managers surveyed in November 2023, the business climate in the building construction has degraded slightly compared to October. At 102, the synthetic indicator has lost one point but remains above its long term average (100). Most balances of opinion have dropped again, with a marked decline in the expected workforce size.
- The opinion on the past activity has degraded
- Opinion on demand is relatively unchanged
- The share of companies reporting supply difficulties is at its lowest since February 2021
- The balance of opinion on expected prices has dropped again
- Fewer business managers have forecasted an increase in their workforce size
- Revision
- For further information
According to the business managers surveyed in November 2023, the business climate in the building construction has degraded slightly compared to October. At 102, the synthetic indicator has lost one point but remains above its long term average (100). Most balances of opinion have dropped again, with a marked decline in the expected workforce size.
tableauBusiness climate composite indicator
| Business climate composite indicator | |
|---|---|
| 2023-11 | 102.4 |
| 2023-10 | 103.4 |
| 2023-09 | 105.2 |
| 2023-08 | 105.7 |
| 2023-07 | 105.0 |
| 2023-06 | 105.8 |
| 2023-05 | 106.5 |
| 2023-04 | 108.2 |
| 2023-03 | 108.1 |
| 2023-02 | 108.8 |
| 2023-01 | 109.9 |
| 2022-12 | 109.8 |
| 2022-11 | 109.1 |
| 2022-10 | 110.3 |
| 2022-09 | 109.4 |
| 2022-08 | 109.8 |
| 2022-07 | 109.5 |
| 2022-06 | 109.5 |
| 2022-05 | 109.6 |
| 2022-04 | 111.1 |
| 2022-03 | 111.2 |
| 2022-02 | 110.8 |
| 2022-01 | 109.7 |
| 2021-12 | 112.1 |
| 2021-11 | 111.0 |
| 2021-10 | 110.2 |
| 2021-09 | 111.5 |
| 2021-08 | 111.4 |
| 2021-07 | 111.1 |
| 2021-06 | 111.0 |
| 2021-05 | 109.8 |
| 2021-04 | 108.1 |
| 2021-03 | 106.7 |
| 2021-02 | 103.2 |
| 2021-01 | 103.9 |
| 2020-12 | 102.0 |
| 2020-11 | 100.5 |
| 2020-10 | 105.5 |
| 2020-09 | 103.8 |
| 2020-08 | 102.4 |
| 2020-07 | 96.9 |
| 2020-06 | 89.4 |
| 2020-05 | 78.5 |
| 2020-04 | 80.9 |
| 2020-03 | 109.4 |
| 2020-02 | 110.6 |
| 2020-01 | 109.2 |
| 2019-12 | 108.6 |
| 2019-11 | 109.3 |
| 2019-10 | 110.6 |
| 2019-09 | 110.0 |
| 2019-08 | 109.2 |
| 2019-07 | 109.3 |
| 2019-06 | 109.3 |
| 2019-05 | 109.1 |
| 2019-04 | 109.6 |
| 2019-03 | 109.8 |
| 2019-02 | 110.3 |
| 2019-01 | 109.0 |
| 2018-12 | 108.6 |
| 2018-11 | 107.9 |
| 2018-10 | 107.6 |
| 2018-09 | 107.9 |
| 2018-08 | 108.3 |
| 2018-07 | 108.6 |
| 2018-06 | 108.2 |
| 2018-05 | 108.7 |
| 2018-04 | 109.5 |
| 2018-03 | 109.8 |
| 2018-02 | 108.9 |
| 2018-01 | 110.2 |
| 2017-12 | 110.0 |
| 2017-11 | 108.1 |
| 2017-10 | 106.6 |
| 2017-09 | 107.1 |
| 2017-08 | 106.9 |
| 2017-07 | 107.2 |
| 2017-06 | 106.2 |
| 2017-05 | 104.3 |
| 2017-04 | 102.6 |
| 2017-03 | 102.7 |
| 2017-02 | 102.0 |
| 2017-01 | 103.0 |
| 2016-12 | 101.0 |
| 2016-11 | 102.2 |
| 2016-10 | 102.8 |
| 2016-09 | 100.9 |
| 2016-08 | 99.7 |
| 2016-07 | 99.3 |
| 2016-06 | 99.1 |
| 2016-05 | 99.3 |
| 2016-04 | 97.5 |
| 2016-03 | 96.3 |
| 2016-02 | 94.6 |
| 2016-01 | 96.4 |
| 2015-12 | 96.5 |
| 2015-11 | 93.7 |
| 2015-10 | 94.6 |
| 2015-09 | 94.7 |
| 2015-08 | 95.3 |
| 2015-07 | 92.8 |
| 2015-06 | 93.0 |
| 2015-05 | 90.6 |
| 2015-04 | 91.2 |
| 2015-03 | 90.1 |
| 2015-02 | 89.8 |
| 2015-01 | 88.9 |
| 2014-12 | 90.2 |
| 2014-11 | 90.7 |
| 2014-10 | 88.2 |
| 2014-09 | 88.4 |
| 2014-08 | 89.9 |
| 2014-07 | 91.4 |
| 2014-06 | 93.4 |
| 2014-05 | 93.3 |
| 2014-04 | 93.0 |
| 2014-03 | 93.9 |
| 2014-02 | 93.2 |
| 2014-01 | 93.9 |
| 2013-12 | 93.4 |
| 2013-11 | 95.3 |
| 2013-10 | 96.2 |
| 2013-09 | 96.3 |
| 2013-08 | 94.2 |
| 2013-07 | 92.1 |
| 2013-06 | 91.0 |
| 2013-05 | 91.4 |
| 2013-04 | 91.1 |
| 2013-03 | 91.5 |
| 2013-02 | 92.5 |
| 2013-01 | 92.4 |
| 2012-12 | 92.9 |
| 2012-11 | 92.4 |
| 2012-10 | 92.8 |
| 2012-09 | 94.1 |
| 2012-08 | 94.6 |
| 2012-07 | 95.1 |
| 2012-06 | 96.5 |
| 2012-05 | 96.2 |
| 2012-04 | 98.0 |
| 2012-03 | 99.0 |
| 2012-02 | 99.4 |
| 2012-01 | 100.2 |
| 2011-12 | 99.1 |
| 2011-11 | 99.3 |
| 2011-10 | 100.9 |
| 2011-09 | 102.1 |
| 2011-08 | 104.1 |
| 2011-07 | 106.6 |
| 2011-06 | 105.9 |
| 2011-05 | 105.6 |
| 2011-04 | 106.3 |
| 2011-03 | 104.4 |
| 2011-02 | 103.3 |
| 2011-01 | 101.2 |
| 2010-12 | 100.9 |
| 2010-11 | 99.8 |
| 2010-10 | 98.6 |
| 2010-09 | 96.8 |
| 2010-08 | 97.2 |
| 2010-07 | 96.4 |
| 2010-06 | 94.5 |
| 2010-05 | 93.9 |
| 2010-04 | 92.8 |
| 2010-03 | 92.7 |
| 2010-02 | 93.2 |
| 2010-01 | 92.5 |
| 2009-12 | 92.2 |
| 2009-11 | 92.1 |
| 2009-10 | 92.2 |
| 2009-09 | 90.9 |
| 2009-08 | 89.7 |
| 2009-07 | 88.0 |
| 2009-06 | 87.8 |
| 2009-05 | 88.3 |
| 2009-04 | 87.7 |
| 2009-03 | 88.4 |
| 2009-02 | 86.9 |
| 2009-01 | 90.4 |
| 2008-12 | 91.8 |
| 2008-11 | 93.1 |
| 2008-10 | 94.9 |
| 2008-09 | 102.4 |
| 2008-08 | 104.2 |
| 2008-07 | 104.4 |
| 2008-06 | 105.9 |
| 2008-05 | 109.6 |
| 2008-04 | 111.4 |
| 2008-03 | 112.9 |
| 2008-02 | 112.2 |
| 2008-01 | 111.7 |
| 2007-12 | 113.6 |
| 2007-11 | 113.7 |
| 2007-10 | 113.5 |
| 2007-09 | 114.4 |
| 2007-08 | 114.3 |
| 2007-07 | 115.5 |
| 2007-06 | 115.9 |
| 2007-05 | 115.0 |
| 2007-04 | 115.1 |
| 2007-03 | 114.4 |
| 2007-02 | 114.2 |
| 2007-01 | 115.2 |
| 2006-12 | 115.0 |
| 2006-11 | 115.1 |
| 2006-10 | 115.4 |
| 2006-09 | 114.7 |
| 2006-08 | 113.8 |
| 2006-07 | 113.6 |
| 2006-06 | 113.1 |
| 2006-05 | 113.3 |
| 2006-04 | 112.4 |
| 2006-03 | 112.4 |
| 2006-02 | 112.5 |
| 2006-01 | 113.8 |
| 2005-12 | 113.3 |
| 2005-11 | 114.0 |
| 2005-10 | 112.3 |
| 2005-09 | 110.7 |
| 2005-08 | 110.8 |
| 2005-07 | 111.2 |
| 2005-06 | 110.7 |
| 2005-05 | 109.4 |
| 2005-04 | 109.7 |
| 2005-03 | 109.2 |
| 2005-02 | 108.8 |
| 2005-01 | 109.2 |
| 2004-12 | 109.7 |
| 2004-11 | 109.7 |
| 2004-10 | 108.5 |
| 2004-09 | 108.4 |
| 2004-08 | 107.9 |
| 2004-07 | 107.7 |
| 2004-06 | 105.5 |
| 2004-05 | 106.2 |
| 2004-04 | 106.9 |
| 2004-03 | 106.2 |
| 2004-02 | 105.2 |
| 2004-01 | 107.4 |
| 2003-12 | 103.9 |
| 2003-11 | 102.3 |
| 2003-10 | 99.8 |
| 2003-09 | 101.7 |
| 2003-08 | 99.3 |
| 2003-07 | 97.2 |
| 2003-06 | 96.6 |
| 2003-05 | 96.3 |
| 2003-04 | 95.7 |
| 2003-03 | 94.6 |
| 2003-02 | 96.0 |
| 2003-01 | 96.0 |
| 2002-12 | 95.2 |
| 2002-11 | 95.7 |
| 2002-10 | 98.3 |
| 2002-09 | 98.1 |
| 2002-08 | 99.2 |
| 2002-07 | 100.4 |
| 2002-06 | 103.9 |
| 2002-05 | 103.9 |
| 2002-04 | 101.2 |
| 2002-03 | 103.8 |
| 2002-02 | 103.4 |
| 2002-01 | 102.4 |
| 2001-12 | 102.5 |
| 2001-11 | 102.8 |
| 2001-10 | 103.5 |
| 2001-09 | 104.1 |
| 2001-08 | 105.6 |
| 2001-07 | 107.2 |
| 2001-06 | 108.0 |
| 2001-05 | 110.0 |
| 2001-04 | 110.3 |
| 2001-03 | 113.5 |
| 2001-02 | 114.6 |
| 2001-01 | 114.2 |
| 2000-12 | 117.7 |
| 2000-11 | 120.6 |
| 2000-10 | 122.1 |
| 2000-09 | 121.5 |
| 2000-08 | 121.1 |
| 2000-07 | 120.7 |
| 2000-06 | 119.7 |
| 2000-05 | 117.6 |
| 2000-04 | 120.7 |
| 2000-03 | 118.6 |
| 2000-02 | 117.5 |
| 2000-01 | 119.1 |
| 1999-12 | 118.2 |
| 1999-11 | 114.7 |
| 1999-10 | 113.7 |
| 1999-09 | 113.6 |
| 1999-08 | 113.4 |
| 1999-07 | 113.2 |
| 1999-06 | 111.1 |
| 1999-05 | 112.5 |
| 1999-04 | 108.5 |
| 1999-03 | 106.8 |
| 1999-02 | 106.5 |
| 1999-01 | 105.3 |
| 1998-12 | 100.6 |
| 1998-11 | 105.3 |
| 1998-10 | 105.8 |
| 1998-09 | 108.3 |
| 1998-08 | 107.7 |
| 1998-07 | 107.1 |
| 1998-06 | 105.6 |
| 1998-05 | 104.0 |
| 1998-04 | 101.7 |
| 1998-03 | 102.8 |
| 1998-02 | 100.5 |
| 1998-01 | 99.6 |
graphiqueBusiness climate composite indicator
- Source: INSEE
tableauBuilding industry economic outlook
| Average* | August 23 | September 23 | October 23 | November 23 | |
|---|---|---|---|---|---|
| Composite indicator | 100 | 106 | 105 | 103 | 102 |
| Past activity | -3 | 2 | 1 | -3 | -5 |
| Expected activity | -4 | 2 | -1 | -6 | -5 |
| General business outlook | -15 | -21 | |||
| Past employment | -4 | 0 | 1 | -3 | -2 |
| Expected employment | -2 | 7 | 10 | 8 | 2 |
| Opinion on order books | -21 | -13 | -16 | -20 | -20 |
| Order books (in month) | 6.0 | 8.3 | 8.4 | 8.3 | 8.2 |
| Production capacity utilisation rate (in %) | 89.0 | 91.5 | 91.6 | 91.2 | 90.7 |
| Obstacles to production increase (in %) ** | 65 | 63 | 64 | 65 | 64 |
| - Because of workforce shortage (in %) ** | 29 | 42 | 43 | 41 | 39 |
| - Because of supply difficulties (in %) ** | 6 | 8 | 6 | 8 | 5 |
| Production bottlenecks (in %) | 34 | 48 | 47 | 45 | 45 |
| - Because of workforce shortage (in %) | 15 | 24 | 26 | 23 | 23 |
| - Because of supply difficulties (in %) | 2 | 4 | 4 | 3 | 3 |
| Recruiting problems (in %) | 60 | 79 | |||
| Expected prices | -9 | 15 | 15 | 13 | 9 |
| Cash-flow position | -10 | -11 | |||
| Payment period | 29 | 34 | |||
| Economic uncertainty felt *** | 9 | 5 | 6 | 8 | 13 |
- *Average since April 1978 for the composite indicator, since September 1993 for the balances of opinion, since April 2021 for the balances of opinion on the economic uncertainty felt.
- ** Non-seasonally adjusted percentage of weighted responses
- *** Non-seasonally adjusted balance of opinion
- Source: INSEE, French business survey in the building industry
The opinion on the past activity has degraded
In November 2023, building construction managers’ opinion about their activity over the past three months has deteriorated again: the corresponding balance has kept on dropping, dipping below its long term average. Regarding the evolution of their expected activity over the next three months, building managers’ opinion is almost stable and the associated balance of opinion remains just below its average.
Once again, more business managers than in the previous month have considered the evolution of their company situation to be unpredictable: the balance of opinion on the felt economic uncertainty has kept on growing.
tableauActivity tendency in building construction
| Expected activity | Past activity | |
|---|---|---|
| 2023-11 | -5.2 | -5.0 |
| 2023-10 | -5.5 | -3.4 |
| 2023-09 | -1.0 | 0.9 |
| 2023-08 | 2.2 | 1.7 |
| 2023-07 | -1.8 | -0.1 |
| 2023-06 | 1.0 | 1.2 |
| 2023-05 | -0.1 | 5.7 |
| 2023-04 | 3.3 | 7.4 |
| 2023-03 | 2.0 | 6.7 |
| 2023-02 | 6.5 | 4.8 |
| 2023-01 | 8.0 | 7.1 |
| 2022-12 | 7.3 | 7.4 |
| 2022-11 | 5.7 | 4.5 |
| 2022-10 | 7.3 | 7.6 |
| 2022-09 | 6.4 | 5.1 |
| 2022-08 | 6.9 | 5.6 |
| 2022-07 | 4.9 | 6.4 |
| 2022-06 | 4.8 | 7.6 |
| 2022-05 | 8.1 | 2.7 |
| 2022-04 | 6.8 | 11.9 |
| 2022-03 | 10.7 | 11.2 |
| 2022-02 | 11.9 | 8.8 |
| 2022-01 | 9.2 | 4.4 |
| 2021-12 | 17.1 | 10.0 |
| 2021-11 | 12.2 | 10.4 |
| 2021-10 | 12.1 | 7.5 |
| 2021-09 | 15.2 | 12.1 |
| 2021-08 | 12.8 | 13.1 |
| 2021-07 | 11.4 | 14.2 |
| 2021-06 | 11.4 | 14.4 |
| 2021-05 | 13.5 | 6.9 |
| 2021-04 | 8.0 | 6.4 |
| 2021-03 | 7.2 | 1.8 |
| 2021-02 | -2.0 | -2.1 |
| 2021-01 | 0.6 | -1.5 |
| 2020-12 | -7.0 | -2.3 |
| 2020-11 | -15.8 | 0.6 |
| 2020-10 | 1.8 | 8.3 |
| 2020-09 | 3.9 | -3.4 |
| 2020-08 | 13.9 | -20.6 |
| 2020-07 | 19.4 | -60.5 |
| 2020-06 | 3.5 | -79.9 |
| 2020-05 | -47.5 | -76.6 |
| 2020-04 | -83.8 | -22.9 |
| 2020-03 | 6.6 | 17.1 |
| 2020-02 | 14.2 | 12.3 |
| 2020-01 | 10.0 | 9.7 |
| 2019-12 | 9.1 | 8.8 |
| 2019-11 | 9.2 | 11.9 |
| 2019-10 | 15.9 | 13.1 |
| 2019-09 | 12.4 | 13.3 |
| 2019-08 | 12.1 | 10.2 |
| 2019-07 | 11.5 | 12.3 |
| 2019-06 | 14.5 | 8.9 |
| 2019-05 | 12.7 | 7.6 |
| 2019-04 | 12.8 | 10.4 |
| 2019-03 | 14.0 | 11.0 |
| 2019-02 | 14.7 | 10.3 |
| 2019-01 | 15.1 | 7.7 |
| 2018-12 | 11.2 | 6.5 |
| 2018-11 | 10.6 | 3.9 |
| 2018-10 | 9.6 | 4.0 |
| 2018-09 | 9.5 | 3.1 |
| 2018-08 | 5.6 | 9.3 |
| 2018-07 | 7.4 | 7.6 |
| 2018-06 | 12.1 | 4.7 |
| 2018-05 | 12.9 | 7.1 |
| 2018-04 | 13.5 | 9.9 |
| 2018-03 | 11.6 | 12.7 |
| 2018-02 | 10.8 | 14.0 |
| 2018-01 | 13.2 | 14.8 |
| 2017-12 | 14.1 | 12.7 |
| 2017-11 | 13.9 | 9.7 |
| 2017-10 | 7.9 | 5.5 |
| 2017-09 | 9.1 | 9.1 |
| 2017-08 | 14.5 | 2.3 |
| 2017-07 | 11.5 | 4.9 |
| 2017-06 | 3.4 | 10.9 |
| 2017-05 | 2.1 | 5.0 |
| 2017-04 | 5.9 | -7.1 |
| 2017-03 | 2.6 | -1.9 |
| 2017-02 | -0.5 | -1.0 |
| 2017-01 | -2.8 | 5.6 |
| 2016-12 | -0.8 | -5.5 |
| 2016-11 | 1.6 | 0.6 |
| 2016-10 | 3.7 | -0.4 |
| 2016-09 | 0.5 | -6.1 |
| 2016-08 | -3.3 | -6.7 |
| 2016-07 | -0.2 | -9.8 |
| 2016-06 | -2.7 | -8.6 |
| 2016-05 | -2.1 | -8.1 |
| 2016-04 | -5.1 | -13.6 |
| 2016-03 | -9.3 | -14.1 |
| 2016-02 | -16.1 | -15.2 |
| 2016-01 | -8.2 | -14.6 |
| 2015-12 | -8.0 | -11.7 |
| 2015-11 | -20.7 | -15.3 |
| 2015-10 | -15.2 | -14.5 |
| 2015-09 | -13.3 | -16.9 |
| 2015-08 | -8.8 | -18.1 |
| 2015-07 | -16.4 | -22.2 |
| 2015-06 | -20.4 | -19.9 |
| 2015-05 | -26.4 | -21.7 |
| 2015-04 | -24.0 | -20.8 |
| 2015-03 | -24.4 | -27.6 |
| 2015-02 | -23.7 | -30.3 |
| 2015-01 | -32.7 | -23.0 |
| 2014-12 | -27.9 | -23.1 |
| 2014-11 | -24.7 | -25.3 |
| 2014-10 | -29.9 | -31.8 |
| 2014-09 | -30.0 | -29.7 |
| 2014-08 | -27.4 | -25.0 |
| 2014-07 | -28.1 | -18.2 |
| 2014-06 | -17.6 | -18.2 |
| 2014-05 | -19.6 | -19.0 |
| 2014-04 | -22.4 | -17.5 |
| 2014-03 | -18.7 | -17.3 |
| 2014-02 | -20.7 | -17.4 |
| 2014-01 | -15.6 | -20.7 |
| 2013-12 | -18.6 | -20.2 |
| 2013-11 | -16.4 | -13.0 |
| 2013-10 | -15.5 | -13.3 |
| 2013-09 | -12.4 | -13.2 |
| 2013-08 | -19.7 | -16.7 |
| 2013-07 | -22.4 | -22.2 |
| 2013-06 | -24.0 | -26.5 |
| 2013-05 | -21.4 | -26.7 |
| 2013-04 | -24.6 | -28.1 |
| 2013-03 | -24.4 | -23.9 |
| 2013-02 | -22.1 | -23.3 |
| 2013-01 | -24.3 | -21.6 |
| 2012-12 | -21.9 | -20.5 |
| 2012-11 | -24.5 | -21.2 |
| 2012-10 | -25.9 | -18.3 |
| 2012-09 | -20.3 | -15.0 |
| 2012-08 | -19.3 | -15.2 |
| 2012-07 | -16.8 | -15.0 |
| 2012-06 | -14.0 | -13.5 |
| 2012-05 | -14.8 | -13.4 |
| 2012-04 | -12.0 | -8.6 |
| 2012-03 | -10.7 | -5.6 |
| 2012-02 | -12.5 | -3.8 |
| 2012-01 | -10.6 | -1.6 |
| 2011-12 | -11.6 | -4.4 |
| 2011-11 | -9.8 | -4.3 |
| 2011-10 | -4.7 | -2.2 |
| 2011-09 | -4.3 | -0.7 |
| 2011-08 | 0.8 | 1.5 |
| 2011-07 | 5.0 | 8.2 |
| 2011-06 | 4.4 | 6.3 |
| 2011-05 | 2.0 | 6.1 |
| 2011-04 | 4.9 | 8.3 |
| 2011-03 | 2.8 | 1.6 |
| 2011-02 | 3.0 | -3.8 |
| 2011-01 | -1.0 | -8.5 |
| 2010-12 | -0.9 | -7.8 |
| 2010-11 | -0.5 | -12.8 |
| 2010-10 | -4.2 | -13.1 |
| 2010-09 | -12.7 | -13.2 |
| 2010-08 | -10.3 | -12.7 |
| 2010-07 | -11.4 | -14.0 |
| 2010-06 | -15.2 | -17.5 |
| 2010-05 | -17.6 | -20.7 |
| 2010-04 | -18.1 | -25.4 |
| 2010-03 | -18.2 | -26.2 |
| 2010-02 | -18.6 | -23.7 |
| 2010-01 | -20.1 | -26.6 |
| 2009-12 | -20.1 | -26.5 |
| 2009-11 | -20.4 | -26.2 |
| 2009-10 | -21.1 | -24.9 |
| 2009-09 | -24.5 | -28.3 |
| 2009-08 | -26.5 | -31.2 |
| 2009-07 | -31.4 | -33.3 |
| 2009-06 | -33.5 | -33.1 |
| 2009-05 | -34.2 | -29.2 |
| 2009-04 | -36.7 | -30.1 |
| 2009-03 | -36.9 | -24.3 |
| 2009-02 | -47.1 | -25.8 |
| 2009-01 | -35.2 | -19.5 |
| 2008-12 | -30.7 | -21.0 |
| 2008-11 | -36.1 | -11.4 |
| 2008-10 | -33.0 | -10.7 |
| 2008-09 | -9.3 | -0.9 |
| 2008-08 | -4.5 | 0.3 |
| 2008-07 | -5.2 | -0.3 |
| 2008-06 | -4.1 | 4.9 |
| 2008-05 | 9.8 | 9.6 |
| 2008-04 | 9.2 | 16.2 |
| 2008-03 | 17.4 | 15.7 |
| 2008-02 | 14.9 | 18.0 |
| 2008-01 | 7.3 | 18.7 |
| 2007-12 | 16.6 | 19.2 |
| 2007-11 | 13.6 | 21.4 |
| 2007-10 | 16.2 | 19.5 |
| 2007-09 | 19.6 | 20.6 |
| 2007-08 | 18.4 | 20.7 |
| 2007-07 | 19.7 | 25.0 |
| 2007-06 | 21.1 | 24.9 |
| 2007-05 | 20.3 | 22.3 |
| 2007-04 | 20.1 | 24.1 |
| 2007-03 | 17.7 | 22.6 |
| 2007-02 | 18.5 | 19.9 |
| 2007-01 | 21.0 | 20.1 |
| 2006-12 | 20.3 | 22.0 |
| 2006-11 | 23.4 | 20.5 |
| 2006-10 | 21.3 | 22.9 |
| 2006-09 | 19.1 | 22.6 |
| 2006-08 | 17.5 | 20.6 |
| 2006-07 | 17.3 | 21.2 |
| 2006-06 | 14.3 | 21.4 |
| 2006-05 | 17.1 | 21.0 |
| 2006-04 | 15.6 | 20.1 |
| 2006-03 | 16.1 | 17.6 |
| 2006-02 | 19.9 | 13.5 |
| 2006-01 | 19.8 | 20.4 |
| 2005-12 | 19.7 | 20.2 |
| 2005-11 | 23.0 | 19.2 |
| 2005-10 | 18.5 | 18.1 |
| 2005-09 | 13.5 | 15.4 |
| 2005-08 | 14.1 | 14.6 |
| 2005-07 | 15.0 | 15.3 |
| 2005-06 | 16.4 | 12.6 |
| 2005-05 | 12.7 | 9.2 |
| 2005-04 | 13.3 | 9.8 |
| 2005-03 | 13.0 | 8.4 |
| 2005-02 | 8.9 | 11.6 |
| 2005-01 | 11.2 | 11.1 |
graphiqueActivity tendency in building construction
- Source: INSEE
Opinion on demand is relatively unchanged
In November 2023, as many building contractors than in the previous month have considered the level of their order books to be higher than normal. The corresponding balance of opinion is stable, at a level close to its long term average.
Given their staff size, building contractors have estimated that their order books provide them with 8.2 months of work, a duration that has slightly decreased compared to the previous month, but that remains above its long term average.
The share of companies reporting supply difficulties is at its lowest since February 2021
In November 2023, the production capacity utilisation rate has dropped again: at 90.7%, it remains nonetheless above its long term average (89.0%).
Almost as many business managers than in the previous month have reported facing obstacles limiting their production. At 64%, their share is almost stable, standing right below its long term average. The proportion of business managers who declared facing a workforce shortage has dropped slightly (39%) while still remaining way above its long term average. The proportion of those reporting supply difficulties has gone back slightly (5%), moving below its average for the first time since February 2021.
The share of companies that have reported to be at the limit of their production capacity (production bottlenecks), that is to say that they could not produce more with their current means if they were to receive more orders, is stable, standing well above its average. 23% of business managers considered themselves unable to increase their production in case of additional orders due to workforce shortage and 3% due to supply difficulties. Both proportions are also stable.
The balance of opinion on expected prices has dropped again
In November 2023, business managers are again fewer in number than in October to announce that they will increase their prices over the upcoming three months. The balance of opinion has pursued its drop, while still remaining well above its long term average.
tableauExpected Prices in building industry
| Expected prices | |
|---|---|
| 2023-11 | 9.4 |
| 2023-10 | 12.6 |
| 2023-09 | 14.6 |
| 2023-08 | 15.5 |
| 2023-07 | 16.9 |
| 2023-06 | 21.4 |
| 2023-05 | 26.1 |
| 2023-04 | 38.4 |
| 2023-03 | 40.2 |
| 2023-02 | 45.8 |
| 2023-01 | 54.0 |
| 2022-12 | 53.0 |
| 2022-11 | 55.4 |
| 2022-10 | 56.8 |
| 2022-09 | 52.6 |
| 2022-08 | 50.4 |
| 2022-07 | 53.8 |
| 2022-06 | 57.6 |
| 2022-05 | 60.1 |
| 2022-04 | 58.2 |
| 2022-03 | 43.2 |
| 2022-02 | 39.3 |
| 2022-01 | 44.3 |
| 2021-12 | 37.7 |
| 2021-11 | 35.1 |
| 2021-10 | 31.4 |
| 2021-09 | 25.4 |
| 2021-08 | 27.4 |
| 2021-07 | 26.4 |
| 2021-06 | 17.8 |
| 2021-05 | 10.4 |
| 2021-04 | 4.4 |
| 2021-03 | -3.1 |
| 2021-02 | -10.9 |
| 2021-01 | -9.1 |
| 2020-12 | -17.7 |
| 2020-11 | -15.2 |
| 2020-10 | -12.5 |
| 2020-09 | -12.8 |
| 2020-08 | -12.0 |
| 2020-07 | -8.1 |
| 2020-06 | -9.5 |
| 2020-05 | -10.7 |
| 2020-04 | -16.7 |
| 2020-03 | 2.0 |
| 2020-02 | 6.4 |
| 2020-01 | 6.6 |
| 2019-12 | 5.4 |
| 2019-11 | 2.4 |
| 2019-10 | 3.3 |
| 2019-09 | 2.5 |
| 2019-08 | 3.6 |
| 2019-07 | 4.2 |
| 2019-06 | 1.4 |
| 2019-05 | 2.9 |
| 2019-04 | 3.7 |
| 2019-03 | 3.3 |
| 2019-02 | 9.6 |
| 2019-01 | 8.6 |
| 2018-12 | 3.6 |
| 2018-11 | 2.4 |
| 2018-10 | 4.2 |
| 2018-09 | 4.6 |
| 2018-08 | 5.5 |
| 2018-07 | 7.5 |
| 2018-06 | 4.2 |
| 2018-05 | 4.6 |
| 2018-04 | 4.9 |
| 2018-03 | 3.7 |
| 2018-02 | 2.6 |
| 2018-01 | 7.8 |
| 2017-12 | 0.6 |
| 2017-11 | -5.0 |
| 2017-10 | -3.3 |
| 2017-09 | -6.3 |
| 2017-08 | -8.2 |
| 2017-07 | -6.1 |
| 2017-06 | -12.7 |
| 2017-05 | -16.1 |
| 2017-04 | -13.1 |
| 2017-03 | -13.1 |
| 2017-02 | -14.2 |
| 2017-01 | -12.9 |
| 2016-12 | -19.0 |
| 2016-11 | -20.4 |
| 2016-10 | -19.7 |
| 2016-09 | -19.1 |
| 2016-08 | -21.5 |
| 2016-07 | -23.2 |
| 2016-06 | -23.0 |
| 2016-05 | -25.1 |
| 2016-04 | -25.5 |
| 2016-03 | -26.6 |
| 2016-02 | -29.8 |
| 2016-01 | -28.3 |
| 2015-12 | -29.6 |
| 2015-11 | -29.7 |
| 2015-10 | -32.1 |
| 2015-09 | -29.5 |
| 2015-08 | -29.2 |
| 2015-07 | -31.8 |
| 2015-06 | -31.9 |
| 2015-05 | -33.6 |
| 2015-04 | -34.5 |
| 2015-03 | -34.4 |
| 2015-02 | -36.3 |
| 2015-01 | -35.2 |
| 2014-12 | -38.3 |
| 2014-11 | -35.7 |
| 2014-10 | -34.6 |
| 2014-09 | -34.4 |
| 2014-08 | -33.7 |
| 2014-07 | -34.7 |
| 2014-06 | -31.1 |
| 2014-05 | -34.3 |
| 2014-04 | -33.7 |
| 2014-03 | -31.3 |
| 2014-02 | -31.2 |
| 2014-01 | -29.7 |
| 2013-12 | -33.1 |
| 2013-11 | -30.8 |
| 2013-10 | -29.8 |
| 2013-09 | -30.9 |
| 2013-08 | -29.4 |
| 2013-07 | -39.4 |
| 2013-06 | -38.3 |
| 2013-05 | -37.7 |
| 2013-04 | -38.6 |
| 2013-03 | -35.2 |
| 2013-02 | -30.9 |
| 2013-01 | -30.4 |
| 2012-12 | -31.8 |
| 2012-11 | -32.5 |
| 2012-10 | -31.8 |
| 2012-09 | -34.0 |
| 2012-08 | -31.8 |
| 2012-07 | -28.3 |
| 2012-06 | -23.9 |
| 2012-05 | -24.6 |
| 2012-04 | -23.0 |
| 2012-03 | -20.9 |
| 2012-02 | -23.8 |
| 2012-01 | -22.6 |
| 2011-12 | -27.6 |
| 2011-11 | -27.0 |
| 2011-10 | -22.8 |
| 2011-09 | -16.6 |
| 2011-08 | -12.9 |
| 2011-07 | -10.1 |
| 2011-06 | -14.1 |
| 2011-05 | -10.7 |
| 2011-04 | -12.4 |
| 2011-03 | -16.6 |
| 2011-02 | -18.2 |
| 2011-01 | -17.6 |
| 2010-12 | -28.9 |
| 2010-11 | -30.2 |
| 2010-10 | -32.8 |
| 2010-09 | -34.8 |
| 2010-08 | -28.8 |
| 2010-07 | -31.7 |
| 2010-06 | -41.9 |
| 2010-05 | -31.0 |
| 2010-04 | -38.8 |
| 2010-03 | -39.1 |
| 2010-02 | -28.0 |
| 2010-01 | -34.6 |
| 2009-12 | -38.5 |
| 2009-11 | -38.5 |
| 2009-10 | -34.7 |
| 2009-09 | -34.3 |
| 2009-08 | -34.9 |
| 2009-07 | -41.6 |
| 2009-06 | -39.0 |
| 2009-05 | -39.8 |
| 2009-04 | -36.2 |
| 2009-03 | -39.3 |
| 2009-02 | -32.7 |
| 2009-01 | -33.3 |
| 2008-12 | -25.3 |
| 2008-11 | -18.5 |
| 2008-10 | -10.8 |
| 2008-09 | 2.3 |
| 2008-08 | 8.1 |
| 2008-07 | 12.5 |
| 2008-06 | 16.3 |
| 2008-05 | 15.7 |
| 2008-04 | 14.3 |
| 2008-03 | 16.1 |
| 2008-02 | 18.8 |
| 2008-01 | 29.3 |
| 2007-12 | 25.4 |
| 2007-11 | 18.3 |
| 2007-10 | 18.1 |
| 2007-09 | 15.9 |
| 2007-08 | 18.9 |
| 2007-07 | 21.9 |
| 2007-06 | 15.9 |
| 2007-05 | 15.8 |
| 2007-04 | 19.2 |
| 2007-03 | 15.6 |
| 2007-02 | 17.7 |
| 2007-01 | 24.7 |
graphiqueExpected Prices in building industry
- Source : INSEE
Fewer business managers have forecasted an increase in their workforce size
In November 2023, business manager’s opinion regarding the evolution of their expected workforce size has deteriorated significantly: the corresponding balance of opinion has dropped sharply while still maintaining above its long term average. The balance of opinion on the past workforce size has slightly rebounded and stands just above its long term average.
tableauWorkforce size tendency in building construction
| Expected workforce size | Past workforce size | |
|---|---|---|
| 2023-11 | 2.4 | -2.1 |
| 2023-10 | 8.5 | -3.1 |
| 2023-09 | 9.6 | 0.9 |
| 2023-08 | 6.7 | 0.4 |
| 2023-07 | 9.4 | 2.6 |
| 2023-06 | 8.5 | 0.2 |
| 2023-05 | 7.8 | -3.5 |
| 2023-04 | 10.3 | -0.7 |
| 2023-03 | 12.1 | 2.9 |
| 2023-02 | 12.0 | 4.0 |
| 2023-01 | 13.1 | 4.1 |
| 2022-12 | 13.2 | 5.0 |
| 2022-11 | 13.8 | 4.7 |
| 2022-10 | 16.7 | 5.8 |
| 2022-09 | 15.3 | 0.1 |
| 2022-08 | 18.4 | -1.8 |
| 2022-07 | 15.8 | 0.2 |
| 2022-06 | 12.8 | 0.5 |
| 2022-05 | 15.9 | 3.4 |
| 2022-04 | 16.7 | 7.0 |
| 2022-03 | 16.8 | 1.0 |
| 2022-02 | 16.6 | 2.4 |
| 2022-01 | 16.6 | 3.3 |
| 2021-12 | 17.3 | 6.2 |
| 2021-11 | 16.8 | 3.8 |
| 2021-10 | 15.6 | 3.6 |
| 2021-09 | 16.1 | 3.6 |
| 2021-08 | 17.0 | 3.2 |
| 2021-07 | 16.0 | 4.6 |
| 2021-06 | 17.5 | 2.0 |
| 2021-05 | 17.2 | -2.6 |
| 2021-04 | 14.5 | 2.3 |
| 2021-03 | 12.6 | -0.8 |
| 2021-02 | 5.9 | -6.7 |
| 2021-01 | 5.8 | -4.0 |
| 2020-12 | 6.7 | -3.4 |
| 2020-11 | 2.5 | -5.3 |
| 2020-10 | 3.6 | -7.9 |
| 2020-09 | 3.2 | -7.0 |
| 2020-08 | 1.2 | -12.5 |
| 2020-07 | 4.7 | -16.9 |
| 2020-06 | -2.8 | -22.0 |
| 2020-05 | -17.6 | -17.8 |
| 2020-04 | -18.1 | 0.3 |
| 2020-03 | 11.8 | 6.9 |
| 2020-02 | 16.1 | 8.0 |
| 2020-01 | 14.5 | 6.5 |
| 2019-12 | 12.1 | 4.4 |
| 2019-11 | 14.3 | 4.3 |
| 2019-10 | 12.5 | 5.6 |
| 2019-09 | 13.5 | 5.3 |
| 2019-08 | 10.6 | 6.6 |
| 2019-07 | 9.6 | 4.6 |
| 2019-06 | 10.3 | 5.2 |
| 2019-05 | 13.2 | 5.9 |
| 2019-04 | 13.1 | 3.8 |
| 2019-03 | 12.3 | 5.9 |
| 2019-02 | 14.8 | 5.7 |
| 2019-01 | 5.9 | 1.7 |
| 2018-12 | 13.2 | 4.9 |
| 2018-11 | 12.6 | 9.1 |
| 2018-10 | 10.5 | 4.8 |
| 2018-09 | 14.9 | 4.9 |
| 2018-08 | 15.0 | 4.0 |
| 2018-07 | 16.7 | 4.6 |
| 2018-06 | 10.7 | 4.3 |
| 2018-05 | 9.6 | 6.7 |
| 2018-04 | 11.3 | 3.8 |
| 2018-03 | 13.0 | 1.0 |
| 2018-02 | 4.2 | -4.7 |
| 2018-01 | 8.8 | -1.5 |
| 2017-12 | 11.3 | 6.8 |
| 2017-11 | 0.8 | -5.8 |
| 2017-10 | 4.8 | -5.2 |
| 2017-09 | 2.0 | -6.7 |
| 2017-08 | 2.1 | -7.4 |
| 2017-07 | 5.7 | -2.2 |
| 2017-06 | 2.7 | -6.5 |
| 2017-05 | -1.3 | -8.2 |
| 2017-04 | -5.2 | -15.4 |
| 2017-03 | -6.5 | -11.1 |
| 2017-02 | -9.0 | -13.4 |
| 2017-01 | -7.2 | -14.3 |
| 2016-12 | -8.3 | -15.2 |
| 2016-11 | -11.2 | -14.7 |
| 2016-10 | -8.3 | -17.4 |
| 2016-09 | -10.5 | -18.5 |
| 2016-08 | -13.2 | -20.9 |
| 2016-07 | -17.2 | -21.0 |
| 2016-06 | -16.4 | -23.8 |
| 2016-05 | -15.9 | -24.0 |
| 2016-04 | -17.9 | -23.5 |
| 2016-03 | -20.4 | -27.1 |
| 2016-02 | -20.8 | -25.8 |
| 2016-01 | -20.3 | -24.7 |
| 2015-12 | -23.3 | -27.4 |
| 2015-11 | -21.3 | -28.3 |
| 2015-10 | -23.2 | -26.6 |
| 2015-09 | -22.1 | -24.9 |
| 2015-08 | -23.2 | -25.1 |
| 2015-07 | -24.7 | -28.7 |
| 2015-06 | -19.9 | -26.4 |
| 2015-05 | -27.3 | -29.9 |
| 2015-04 | -27.3 | -34.5 |
| 2015-03 | -25.3 | -26.7 |
| 2015-02 | -24.5 | -24.9 |
| 2015-01 | -29.4 | -29.3 |
| 2014-12 | -24.3 | -25.7 |
| 2014-11 | -22.5 | -24.8 |
| 2014-10 | -26.0 | -28.6 |
| 2014-09 | -28.1 | -28.7 |
| 2014-08 | -26.9 | -26.6 |
| 2014-07 | -22.1 | -25.5 |
| 2014-06 | -23.4 | -26.4 |
| 2014-05 | -19.2 | -15.4 |
| 2014-04 | -19.3 | -22.7 |
| 2014-03 | -18.5 | -18.6 |
| 2014-02 | -21.1 | -19.7 |
| 2014-01 | -19.5 | -19.0 |
| 2013-12 | -17.7 | -16.7 |
| 2013-11 | -16.7 | -18.1 |
| 2013-10 | -10.4 | -13.4 |
| 2013-09 | -14.8 | -18.5 |
| 2013-08 | -16.0 | -19.8 |
| 2013-07 | -17.9 | -18.2 |
| 2013-06 | -18.2 | -18.4 |
| 2013-05 | -19.0 | -16.1 |
| 2013-04 | -13.5 | -14.1 |
| 2013-03 | -18.0 | -17.9 |
| 2013-02 | -15.9 | -17.1 |
| 2013-01 | -15.6 | -14.4 |
| 2012-12 | -16.2 | -13.3 |
| 2012-11 | -14.9 | -10.7 |
| 2012-10 | -14.7 | -10.0 |
| 2012-09 | -16.7 | -15.8 |
| 2012-08 | -14.7 | -11.2 |
| 2012-07 | -15.3 | -11.9 |
| 2012-06 | -11.3 | -7.6 |
| 2012-05 | -12.6 | -8.9 |
| 2012-04 | -9.3 | -8.7 |
| 2012-03 | -9.1 | -6.9 |
| 2012-02 | -3.9 | -5.5 |
| 2012-01 | -3.7 | -4.2 |
| 2011-12 | -5.3 | -6.4 |
| 2011-11 | -7.4 | -8.7 |
| 2011-10 | -6.2 | -2.2 |
| 2011-09 | -0.8 | 2.6 |
| 2011-08 | 3.4 | 3.8 |
| 2011-07 | 7.7 | 3.3 |
| 2011-06 | 6.8 | 3.3 |
| 2011-05 | 7.3 | -0.3 |
| 2011-04 | 4.9 | 0.2 |
| 2011-03 | 3.6 | -3.1 |
| 2011-02 | 3.1 | -5.1 |
| 2011-01 | -1.3 | -4.2 |
| 2010-12 | -1.7 | -4.4 |
| 2010-11 | -3.8 | -7.6 |
| 2010-10 | -7.8 | -11.9 |
| 2010-09 | -7.7 | -11.0 |
| 2010-08 | -11.3 | -12.0 |
| 2010-07 | -13.4 | -10.8 |
| 2010-06 | -15.4 | -15.8 |
| 2010-05 | -14.6 | -14.0 |
| 2010-04 | -14.0 | -16.6 |
| 2010-03 | -13.1 | -16.8 |
| 2010-02 | -15.8 | -17.2 |
| 2010-01 | -12.8 | -18.3 |
| 2009-12 | -14.5 | -18.8 |
| 2009-11 | -15.3 | -18.8 |
| 2009-10 | -15.9 | -19.2 |
| 2009-09 | -17.1 | -19.1 |
| 2009-08 | -19.0 | -19.2 |
| 2009-07 | -20.3 | -20.7 |
| 2009-06 | -20.1 | -17.9 |
| 2009-05 | -20.2 | -17.9 |
| 2009-04 | -20.9 | -18.5 |
| 2009-03 | -22.4 | -12.8 |
| 2009-02 | -17.9 | -8.2 |
| 2009-01 | -16.9 | -8.7 |
| 2008-12 | -12.5 | -2.3 |
| 2008-11 | -8.7 | -0.9 |
| 2008-10 | -1.4 | 5.8 |
| 2008-09 | 4.8 | 5.9 |
| 2008-08 | 9.5 | 9.3 |
| 2008-07 | 11.9 | 13.4 |
| 2008-06 | 13.8 | 13.6 |
| 2008-05 | 15.5 | 12.9 |
| 2008-04 | 23.1 | 21.1 |
| 2008-03 | 22.3 | 23.0 |
| 2008-02 | 15.9 | 21.4 |
| 2008-01 | 19.9 | 22.6 |
| 2007-12 | 21.5 | 21.0 |
| 2007-11 | 26.7 | 21.7 |
| 2007-10 | 23.1 | 16.6 |
| 2007-09 | 24.2 | 22.1 |
| 2007-08 | 24.6 | 21.8 |
| 2007-07 | 25.4 | 21.6 |
| 2007-06 | 28.6 | 23.4 |
| 2007-05 | 25.5 | 20.2 |
| 2007-04 | 22.9 | 20.6 |
| 2007-03 | 24.6 | 20.5 |
| 2007-02 | 25.3 | 21.4 |
| 2007-01 | 27.0 | 19.2 |
| 2006-12 | 26.3 | 18.5 |
| 2006-11 | 23.8 | 19.8 |
| 2006-10 | 26.1 | 21.6 |
| 2006-09 | 24.4 | 21.7 |
| 2006-08 | 22.2 | 21.1 |
| 2006-07 | 20.3 | 20.4 |
| 2006-06 | 21.8 | 17.9 |
| 2006-05 | 20.5 | 18.2 |
| 2006-04 | 18.2 | 16.0 |
| 2006-03 | 19.3 | 13.3 |
| 2006-02 | 20.2 | 19.9 |
| 2006-01 | 18.4 | 18.9 |
| 2005-12 | 17.0 | 12.7 |
| 2005-11 | 19.5 | 11.4 |
| 2005-10 | 15.9 | 9.7 |
| 2005-09 | 13.7 | 7.9 |
| 2005-08 | 15.2 | 6.0 |
| 2005-07 | 16.9 | 3.9 |
| 2005-06 | 14.0 | 8.1 |
| 2005-05 | 14.2 | 6.7 |
| 2005-04 | 15.2 | 6.9 |
| 2005-03 | 12.5 | 5.5 |
| 2005-02 | 9.5 | 0.0 |
| 2005-01 | 9.2 | 0.7 |
graphiqueWorkforce size tendency in building construction
- Source : INSEE
Revision
The business climate in the building construction industry of October 2023 has not been revised (after rounding).
For further information
For questions with three possible answers, a balance of opinion is calculated as the difference between the percentage of “above the normal” or “increase” responses and the percentage of “below the normal” or “decrease” responses.
The responses to this survey were collected between 26 October 2023 and 20 November 2023.
All the balances of opinion from this survey are included in this publication and are available in the complementary chronological series published online.
This survey is part of the Joint Harmonised European Programme of Business and Consumer Surveys, partly funded by the European Commission.
Additional information (simplified and detailed methodology, nomenclature, etc.) are available on the “Documentation” tab of the web page of this publication.
Next issue: 21 December 2023 at 8:45 am.
Documentation
Changes to business tendency surveys – October 2021 (pdf,181 Ko)
Abbreviated methodology (pdf,162 Ko)
Pour en savoir plus
For questions with three possible answers, a balance of opinion is calculated as the difference between the percentage of “above the normal” or “increase” responses and the percentage of “below the normal” or “decrease” responses.
The responses to this survey were collected between 26 October 2023 and 20 November 2023.
All the balances of opinion from this survey are included in this publication and are available in the complementary chronological series published online.
This survey is part of the Joint Harmonised European Programme of Business and Consumer Surveys, partly funded by the European Commission.
Additional information (simplified and detailed methodology, nomenclature, etc.) are available on the “Documentation” tab of the web page of this publication.
Next issue: 21 December 2023 at 8:45 am.