Informations Rapides ·
22 May 2025 · n° 127
In May 2025, the business climate in building construction has brightened significantly Monthly survey of building - May 2025
According to business managers surveyed in May 2025, the business climate in building construction has brightened significantly. At 101, the synthetic indicator has gained four points and has returned above its long-term average (100). This improvement in the climate, the strongest since January 2004 excluding the COVID-19 crisis, is due to a sharp rebound in the opinion balances on activity. This rebound is particularly pronounced for the balance on future activity.
- Entrepreneurs’ opinion on their expected activity has rebounded very sharply
- The balance of opinion on order books has improved again but remains deteriorated
- The production capacity utilisation rate has increased slightly
- The balance of opinion on expected prices remains stable
- Opinion on expected workforce size has improved
- Revisions
- For further information
According to business managers surveyed in May 2025, the business climate in building construction has brightened significantly. At 101, the synthetic indicator has gained four points and has returned above its long-term average (100). This improvement in the climate, the strongest since January 2004 excluding the COVID-19 crisis, is due to a sharp rebound in the opinion balances on activity. This rebound is particularly pronounced for the balance on future activity.
tableauBusiness climate composite indicator
| Business climate composite indicator | |
|---|---|
| 2025-05 | 100.6 |
| 2025-04 | 97.3 |
| 2025-03 | 98.0 |
| 2025-02 | 98.2 |
| 2025-01 | 98.8 |
| 2024-12 | 98.2 |
| 2024-11 | 99.2 |
| 2024-10 | 99.8 |
| 2024-09 | 99.8 |
| 2024-08 | 100.6 |
| 2024-07 | 98.7 |
| 2024-06 | 100.0 |
| 2024-05 | 101.8 |
| 2024-04 | 100.7 |
| 2024-03 | 102.7 |
| 2024-02 | 102.8 |
| 2024-01 | 102.6 |
| 2023-12 | 101.8 |
| 2023-11 | 102.9 |
| 2023-10 | 103.7 |
| 2023-09 | 105.0 |
| 2023-08 | 105.5 |
| 2023-07 | 105.1 |
| 2023-06 | 105.8 |
| 2023-05 | 106.6 |
| 2023-04 | 107.9 |
| 2023-03 | 107.9 |
| 2023-02 | 108.8 |
| 2023-01 | 109.6 |
| 2022-12 | 110.3 |
| 2022-11 | 109.4 |
| 2022-10 | 110.8 |
| 2022-09 | 109.1 |
| 2022-08 | 109.5 |
| 2022-07 | 109.5 |
| 2022-06 | 109.4 |
| 2022-05 | 109.7 |
| 2022-04 | 110.8 |
| 2022-03 | 111.2 |
| 2022-02 | 110.9 |
| 2022-01 | 109.3 |
| 2021-12 | 112.5 |
| 2021-11 | 111.3 |
| 2021-10 | 110.7 |
| 2021-09 | 111.4 |
| 2021-08 | 111.2 |
| 2021-07 | 111.3 |
| 2021-06 | 111.1 |
| 2021-05 | 110.0 |
| 2021-04 | 108.0 |
| 2021-03 | 106.9 |
| 2021-02 | 103.3 |
| 2021-01 | 103.5 |
| 2020-12 | 102.4 |
| 2020-11 | 100.6 |
| 2020-10 | 106.0 |
| 2020-09 | 103.7 |
| 2020-08 | 102.3 |
| 2020-07 | 96.8 |
| 2020-06 | 89.1 |
| 2020-05 | 78.1 |
| 2020-04 | 80.2 |
| 2020-03 | 109.6 |
| 2020-02 | 110.8 |
| 2020-01 | 109.3 |
| 2019-12 | 108.7 |
| 2019-11 | 109.4 |
| 2019-10 | 110.8 |
| 2019-09 | 110.2 |
| 2019-08 | 109.3 |
| 2019-07 | 109.5 |
| 2019-06 | 109.4 |
| 2019-05 | 109.2 |
| 2019-04 | 109.8 |
| 2019-03 | 110.0 |
| 2019-02 | 110.5 |
| 2019-01 | 109.1 |
| 2018-12 | 108.7 |
| 2018-11 | 108.0 |
| 2018-10 | 107.7 |
| 2018-09 | 108.0 |
| 2018-08 | 108.4 |
| 2018-07 | 108.7 |
| 2018-06 | 108.4 |
| 2018-05 | 108.8 |
| 2018-04 | 109.6 |
| 2018-03 | 109.9 |
| 2018-02 | 109.1 |
| 2018-01 | 110.3 |
| 2017-12 | 110.2 |
| 2017-11 | 108.3 |
| 2017-10 | 106.8 |
| 2017-09 | 107.3 |
| 2017-08 | 107.1 |
| 2017-07 | 107.4 |
| 2017-06 | 106.3 |
| 2017-05 | 104.5 |
| 2017-04 | 102.7 |
| 2017-03 | 102.9 |
| 2017-02 | 102.1 |
| 2017-01 | 103.1 |
| 2016-12 | 101.1 |
| 2016-11 | 102.4 |
| 2016-10 | 102.9 |
| 2016-09 | 101.0 |
| 2016-08 | 99.8 |
| 2016-07 | 99.4 |
| 2016-06 | 99.2 |
| 2016-05 | 99.4 |
| 2016-04 | 97.6 |
| 2016-03 | 96.3 |
| 2016-02 | 94.6 |
| 2016-01 | 96.4 |
| 2015-12 | 96.6 |
| 2015-11 | 93.6 |
| 2015-10 | 94.6 |
| 2015-09 | 94.7 |
| 2015-08 | 95.3 |
| 2015-07 | 92.8 |
| 2015-06 | 92.9 |
| 2015-05 | 90.5 |
| 2015-04 | 91.2 |
| 2015-03 | 90.0 |
| 2015-02 | 89.7 |
| 2015-01 | 88.8 |
| 2014-12 | 90.1 |
| 2014-11 | 90.7 |
| 2014-10 | 88.1 |
| 2014-09 | 88.2 |
| 2014-08 | 89.8 |
| 2014-07 | 91.4 |
| 2014-06 | 93.4 |
| 2014-05 | 93.2 |
| 2014-04 | 92.9 |
| 2014-03 | 93.9 |
| 2014-02 | 93.2 |
| 2014-01 | 93.8 |
| 2013-12 | 93.4 |
| 2013-11 | 95.3 |
| 2013-10 | 96.2 |
| 2013-09 | 96.3 |
| 2013-08 | 94.1 |
| 2013-07 | 92.0 |
| 2013-06 | 90.9 |
| 2013-05 | 91.4 |
| 2013-04 | 91.0 |
| 2013-03 | 91.5 |
| 2013-02 | 92.4 |
| 2013-01 | 92.3 |
| 2012-12 | 92.9 |
| 2012-11 | 92.4 |
| 2012-10 | 92.7 |
| 2012-09 | 94.1 |
| 2012-08 | 94.5 |
| 2012-07 | 95.1 |
| 2012-06 | 96.5 |
| 2012-05 | 96.2 |
| 2012-04 | 98.1 |
| 2012-03 | 99.0 |
| 2012-02 | 99.4 |
| 2012-01 | 100.2 |
| 2011-12 | 99.2 |
| 2011-11 | 99.4 |
| 2011-10 | 101.0 |
| 2011-09 | 102.2 |
| 2011-08 | 104.2 |
| 2011-07 | 106.8 |
| 2011-06 | 106.1 |
| 2011-05 | 105.7 |
| 2011-04 | 106.4 |
| 2011-03 | 104.5 |
| 2011-02 | 103.4 |
| 2011-01 | 101.3 |
| 2010-12 | 101.0 |
| 2010-11 | 99.9 |
| 2010-10 | 98.6 |
| 2010-09 | 96.9 |
| 2010-08 | 97.2 |
| 2010-07 | 96.5 |
| 2010-06 | 94.5 |
| 2010-05 | 93.9 |
| 2010-04 | 92.7 |
| 2010-03 | 92.7 |
| 2010-02 | 93.1 |
| 2010-01 | 92.4 |
| 2009-12 | 92.1 |
| 2009-11 | 92.0 |
| 2009-10 | 92.2 |
| 2009-09 | 90.8 |
| 2009-08 | 89.6 |
| 2009-07 | 87.9 |
| 2009-06 | 87.6 |
| 2009-05 | 88.1 |
| 2009-04 | 87.5 |
| 2009-03 | 88.3 |
| 2009-02 | 86.7 |
| 2009-01 | 90.3 |
| 2008-12 | 91.6 |
| 2008-11 | 93.0 |
| 2008-10 | 94.7 |
| 2008-09 | 102.4 |
| 2008-08 | 104.2 |
| 2008-07 | 104.4 |
| 2008-06 | 105.9 |
| 2008-05 | 109.7 |
| 2008-04 | 111.5 |
| 2008-03 | 113.0 |
| 2008-02 | 112.4 |
| 2008-01 | 111.8 |
| 2007-12 | 113.8 |
| 2007-11 | 113.9 |
| 2007-10 | 113.6 |
| 2007-09 | 114.6 |
| 2007-08 | 114.5 |
| 2007-07 | 115.7 |
| 2007-06 | 116.1 |
| 2007-05 | 115.2 |
| 2007-04 | 115.3 |
| 2007-03 | 114.6 |
| 2007-02 | 114.4 |
| 2007-01 | 115.4 |
| 2006-12 | 115.2 |
| 2006-11 | 115.3 |
| 2006-10 | 115.6 |
| 2006-09 | 114.9 |
| 2006-08 | 114.0 |
| 2006-07 | 113.8 |
| 2006-06 | 113.3 |
| 2006-05 | 113.5 |
| 2006-04 | 112.6 |
| 2006-03 | 112.6 |
| 2006-02 | 112.6 |
| 2006-01 | 114.0 |
| 2005-12 | 113.6 |
| 2005-11 | 114.2 |
| 2005-10 | 112.5 |
| 2005-09 | 110.9 |
| 2005-08 | 111.0 |
| 2005-07 | 111.4 |
| 2005-06 | 110.9 |
| 2005-05 | 109.5 |
| 2005-04 | 109.8 |
| 2005-03 | 109.4 |
| 2005-02 | 108.9 |
| 2005-01 | 109.4 |
| 2004-12 | 109.9 |
| 2004-11 | 109.9 |
| 2004-10 | 108.7 |
| 2004-09 | 108.5 |
| 2004-08 | 108.1 |
| 2004-07 | 107.9 |
| 2004-06 | 105.6 |
| 2004-05 | 106.3 |
| 2004-04 | 107.0 |
| 2004-03 | 106.4 |
| 2004-02 | 105.3 |
| 2004-01 | 107.5 |
| 2003-12 | 104.0 |
| 2003-11 | 102.4 |
| 2003-10 | 99.9 |
| 2003-09 | 101.7 |
| 2003-08 | 99.3 |
| 2003-07 | 97.1 |
| 2003-06 | 96.6 |
| 2003-05 | 96.2 |
| 2003-04 | 95.6 |
| 2003-03 | 94.5 |
| 2003-02 | 95.9 |
| 2003-01 | 95.9 |
| 2002-12 | 95.1 |
| 2002-11 | 95.6 |
| 2002-10 | 98.2 |
| 2002-09 | 98.0 |
| 2002-08 | 99.1 |
| 2002-07 | 100.4 |
| 2002-06 | 103.9 |
| 2002-05 | 103.9 |
| 2002-04 | 101.1 |
| 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 | 104.2 |
| 2001-08 | 105.7 |
| 2001-07 | 107.3 |
| 2001-06 | 108.1 |
| 2001-05 | 110.1 |
| 2001-04 | 110.5 |
| 2001-03 | 113.7 |
| 2001-02 | 114.8 |
| 2001-01 | 114.4 |
| 2000-12 | 117.9 |
| 2000-11 | 120.9 |
| 2000-10 | 122.4 |
| 2000-09 | 121.8 |
| 2000-08 | 121.4 |
| 2000-07 | 121.1 |
| 2000-06 | 120.0 |
| 2000-05 | 118.0 |
| 2000-04 | 121.0 |
| 2000-03 | 118.9 |
| 2000-02 | 117.8 |
| 2000-01 | 119.4 |
| 1999-12 | 118.5 |
| 1999-11 | 114.9 |
| 1999-10 | 113.9 |
| 1999-09 | 113.8 |
| 1999-08 | 113.7 |
| 1999-07 | 113.4 |
| 1999-06 | 111.3 |
| 1999-05 | 112.7 |
| 1999-04 | 108.8 |
| 1999-03 | 107.0 |
| 1999-02 | 106.7 |
| 1999-01 | 105.5 |
| 1998-12 | 100.7 |
| 1998-11 | 105.5 |
| 1998-10 | 106.0 |
| 1998-09 | 108.5 |
| 1998-08 | 107.9 |
| 1998-07 | 107.3 |
| 1998-06 | 105.8 |
| 1998-05 | 104.2 |
| 1998-04 | 101.8 |
| 1998-03 | 103.0 |
| 1998-02 | 100.7 |
| 1998-01 | 99.7 |
graphiqueBusiness climate composite indicator
- Source: INSEE.
tableauBuilding industry economic outlook
| Average* | December 24 | January 25 | April 25 | May 25 | |
|---|---|---|---|---|---|
| Composite indicator | 100 | 98 | 98 | 97 | 101 |
| Past activity | -3 | -16 | -16 | -18 | -13 |
| Expected activity | -4 | -11 | -13 | -15 | -4 |
| General business outlook **** | -15 | -23 | |||
| Past employment | -4 | -4 | -7 | -8 | -7 |
| Expected employment | -1 | -1 | 0 | 0 | 2 |
| Opinion on order books | -21 | -30 | -32 | -31 | -28 |
| Production capacity utilisation rate (in %) | 89.0 | 88.4 | 89.2 | 88.5 | 89.2 |
| Obstacles to production increase (in %) ** | 65 | 59 | 59 | 60 | 58 |
| Because of an insufficient demand (in %) ** | 31 | 37 | 36 | 39 | 36 |
| Because of workforce shortage (in %) ** | 29 | 27 | 24 | 27 | 25 |
| Because of supply difficulties (in %) ** | 6 | 1 | 2 | 2 | 1 |
| Production bottlenecks (in %) | 34 | 37 | 34 | 34 | 36 |
| Recruiting problems (in %) **** | 61 | 68 | |||
| Expected prices | -8 | -5 | -8 | -8 | -8 |
| Cash-flow position **** | -10 | -12 | |||
| Payment delays **** | 30 | 34 | |||
| Economic uncertainty felt *** | 9 | 14 | 12 | 10 | 12 |
- *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.
- **** Balance of opinion from the quarterly section of the survey.
- Source: INSEE, French business survey in the building industry.
Entrepreneurs’ opinion on their expected activity has rebounded very sharply
In May 2025, building contractors’ opinion regarding both their expected and past activity has rebounded. The increase over the past month in the balance on expected activity is the strongest recorded since December 2015, excluding the COVID-19 pandemic; it has thus returned to its long-term average for the first time since February 2024. The balance related to past activity has continued to hover below its long-term average.
tableauActivity tendency in building construction
| Expected activity | Past activity | |
|---|---|---|
| 2025-05 | -4.1 | -12.8 |
| 2025-04 | -15.0 | -17.6 |
| 2025-03 | -13.4 | -15.6 |
| 2025-02 | -11.4 | -16.1 |
| 2025-01 | -9.8 | -16.4 |
| 2024-12 | -13.6 | -14.8 |
| 2024-11 | -11.0 | -13.5 |
| 2024-10 | -12.7 | -8.7 |
| 2024-09 | -10.6 | -10.7 |
| 2024-08 | -8.2 | -8.7 |
| 2024-07 | -14.7 | -12.0 |
| 2024-06 | -11.1 | -10.2 |
| 2024-05 | -5.8 | -6.3 |
| 2024-04 | -12.5 | -6.6 |
| 2024-03 | -4.9 | -3.8 |
| 2024-02 | -2.5 | -6.6 |
| 2024-01 | -4.6 | -6.4 |
| 2023-12 | -8.5 | -5.5 |
| 2023-11 | -4.5 | -3.8 |
| 2023-10 | -5.1 | -1.5 |
| 2023-09 | -1.3 | 0.4 |
| 2023-08 | 1.1 | 1.2 |
| 2023-07 | -1.0 | 0.3 |
| 2023-06 | 0.9 | 1.3 |
| 2023-05 | 0.9 | 4.7 |
| 2023-04 | 3.4 | 5.8 |
| 2023-03 | 2.0 | 5.8 |
| 2023-02 | 6.0 | 5.2 |
| 2023-01 | 6.6 | 7.2 |
| 2022-12 | 8.5 | 7.9 |
| 2022-11 | 6.0 | 5.2 |
| 2022-10 | 7.8 | 9.4 |
| 2022-09 | 6.0 | 4.6 |
| 2022-08 | 5.9 | 5.2 |
| 2022-07 | 5.4 | 6.6 |
| 2022-06 | 4.5 | 7.9 |
| 2022-05 | 9.1 | 1.9 |
| 2022-04 | 6.8 | 10.5 |
| 2022-03 | 10.9 | 10.9 |
| 2022-02 | 11.3 | 9.2 |
| 2022-01 | 7.8 | 4.2 |
| 2021-12 | 18.1 | 10.4 |
| 2021-11 | 12.3 | 10.8 |
| 2021-10 | 12.5 | 9.4 |
| 2021-09 | 14.8 | 11.8 |
| 2021-08 | 12.1 | 12.8 |
| 2021-07 | 11.9 | 14.0 |
| 2021-06 | 11.4 | 14.3 |
| 2021-05 | 14.5 | 6.5 |
| 2021-04 | 8.2 | 5.1 |
| 2021-03 | 7.5 | 2.0 |
| 2021-02 | -2.7 | -1.7 |
| 2021-01 | -1.0 | -2.0 |
| 2020-12 | -6.1 | -2.0 |
| 2020-11 | -16.0 | 0.6 |
| 2020-10 | 1.9 | 10.1 |
| 2020-09 | 3.5 | -3.5 |
| 2020-08 | 13.6 | -20.7 |
| 2020-07 | 20.1 | -60.8 |
| 2020-06 | 3.6 | -80.3 |
| 2020-05 | -46.6 | -76.8 |
| 2020-04 | -83.5 | -24.0 |
| 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.
Contractors' opinion on their expected activity has rebounded strongly in the maintenance and improvement activities, going back above its long-term average. For construction activities (both dwelling and non-dwelling), the balances have also improved, although to a lesser extent. They have continued the recovery trend that began a few months ago, while still remaining below their long term average, especially for dwellings.
The economic uncertainty felt by building construction managers has increased slightly, moving away from its average.
tableauExpected activity in the building construction
| Other new buildings | New dwelling | Maintenance and improvement | |
|---|---|---|---|
| 2025-05 | -14.1 | -23.2 | 6.5 |
| 2025-04 | -15.3 | -28.1 | -6.0 |
| 2025-03 | -19.3 | -33.6 | 5.7 |
| 2025-02 | -21.0 | -40.7 | 8.9 |
| 2025-01 | -21.6 | -33.1 | 8.1 |
| 2024-12 | -23.0 | -38.2 | 3.9 |
| 2024-11 | -21.1 | -35.3 | 1.6 |
| 2024-10 | -21.4 | -34.1 | 0.5 |
| 2024-09 | -14.1 | -36.7 | -2.2 |
| 2024-08 | -11.9 | -32.6 | 4.4 |
| 2024-07 | -19.8 | -38.3 | -2.6 |
| 2024-06 | -12.9 | -35.1 | 0.3 |
| 2024-05 | -11.5 | -35.2 | 5.7 |
| 2024-04 | -7.5 | -36.7 | -1.5 |
| 2024-03 | -5.3 | -33.9 | 8.4 |
| 2024-02 | -10.7 | -32.9 | 15.1 |
| 2024-01 | -18.0 | -35.0 | 17.3 |
| 2023-12 | -14.5 | -32.2 | 8.9 |
| 2023-11 | -14.3 | -29.4 | 5.7 |
| 2023-10 | -9.6 | -29.3 | 9.3 |
| 2023-09 | -2.2 | -26.0 | 11.9 |
| 2023-08 | 1.0 | -22.5 | 11.8 |
| 2023-07 | 0.6 | -26.7 | 8.5 |
| 2023-06 | -2.8 | -14.3 | 9.7 |
| 2023-05 | 0.4 | -23.6 | 8.4 |
| 2023-04 | 4.8 | -15.9 | 14.9 |
| 2023-03 | 0.0 | -15.2 | 11.3 |
| 2023-02 | 0.0 | -14.1 | 16.5 |
| 2023-01 | -2.9 | -11.5 | 22.6 |
| 2022-12 | -1.9 | -10.3 | 18.5 |
| 2022-11 | -5.3 | -10.8 | 11.3 |
| 2022-10 | -1.5 | -3.6 | 16.4 |
| 2022-09 | 3.1 | -7.7 | 12.9 |
| 2022-08 | -4.8 | -4.7 | 16.1 |
| 2022-07 | -2.9 | -10.5 | 13.2 |
| 2022-06 | -1.2 | -6.1 | 7.9 |
| 2022-05 | 4.8 | -1.4 | 18.2 |
| 2022-04 | 3.8 | -2.6 | 24.1 |
| 2022-03 | 10.7 | 3.8 | 16.0 |
| 2022-02 | 7.6 | 5.6 | 16.4 |
| 2022-01 | 5.2 | 5.2 | 8.1 |
| 2021-12 | 7.5 | 13.7 | 19.1 |
| 2021-11 | -1.3 | 8.2 | 20.2 |
| 2021-10 | 3.2 | 6.3 | 17.4 |
| 2021-09 | 13.1 | 9.8 | 19.7 |
| 2021-08 | 5.3 | 5.6 | 16.8 |
| 2021-07 | 1.6 | 9.9 | 15.7 |
| 2021-06 | 8.5 | 2.5 | 20.2 |
| 2021-05 | 7.8 | 8.6 | 24.1 |
| 2021-04 | 3.9 | 4.2 | 15.7 |
| 2021-03 | 1.9 | 3.7 | 16.2 |
| 2021-02 | -7.2 | -7.6 | 6.7 |
| 2021-01 | -15.6 | 1.5 | 0.2 |
| 2020-12 | -14.5 | 1.1 | 3.8 |
| 2020-11 | -15.5 | -16.9 | -16.5 |
| 2020-10 | -10.4 | 10.9 | 3.9 |
| 2020-09 | 0.0 | 1.0 | -3.9 |
| 2020-08 | -5.2 | 3.9 | 43.3 |
| 2020-07 | 12.0 | 10.2 | 62.8 |
| 2020-06 | 3.6 | 1.2 | 26.7 |
| 2020-05 | -41.7 | -44.7 | -10.8 |
| 2020-04 | -84.8 | -87.4 | -55.2 |
| 2020-03 | 4.4 | -5.8 | 15.0 |
| 2020-02 | 7.8 | 0.6 | 12.1 |
| 2020-01 | 5.5 | 4.0 | 8.4 |
| 2019-12 | -2.2 | 4.5 | 9.6 |
| 2019-11 | 3.6 | 5.7 | 10.6 |
| 2019-10 | 9.1 | 13.5 | 11.0 |
| 2019-09 | 10.7 | 4.1 | 13.2 |
| 2019-08 | 11.7 | 1.6 | 12.5 |
| 2019-07 | 13.5 | 0.7 | 13.3 |
| 2019-06 | 15.9 | 3.2 | 17.8 |
| 2019-05 | 13.6 | 2.0 | 15.4 |
| 2019-04 | 20.2 | 0.4 | 12.7 |
| 2019-03 | 12.7 | 0.7 | 14.2 |
| 2019-02 | 12.4 | 1.4 | 15.6 |
| 2019-01 | 14.8 | 2.8 | 13.3 |
| 2018-12 | 8.5 | 4.5 | 10.3 |
| 2018-11 | 8.1 | 4.9 | 11.5 |
| 2018-10 | 9.3 | -1.4 | 13.9 |
| 2018-09 | 6.7 | -2.9 | 11.3 |
| 2018-08 | 5.1 | -1.9 | 11.2 |
| 2018-07 | 7.7 | 2.9 | 13.5 |
| 2018-06 | 12.5 | 5.6 | 12.6 |
| 2018-05 | 13.9 | 4.1 | 11.9 |
| 2018-04 | 20.1 | 9.8 | 10.0 |
| 2018-03 | 10.2 | 10.0 | 10.1 |
| 2018-02 | 6.2 | 9.9 | 10.7 |
| 2018-01 | 6.9 | 9.1 | 14.5 |
| 2017-12 | 8.5 | 6.5 | 15.4 |
| 2017-11 | 14.6 | 5.8 | 13.6 |
| 2017-10 | 1.7 | 7.2 | 8.1 |
| 2017-09 | 15.1 | 7.5 | 14.8 |
| 2017-08 | 9.2 | 11.6 | 11.7 |
| 2017-07 | 14.9 | 13.4 | 8.2 |
| 2017-06 | -0.1 | 9.8 | -1.2 |
| 2017-05 | 0.5 | 11.8 | 2.1 |
| 2017-04 | 10.1 | 10.5 | 6.4 |
| 2017-03 | -4.5 | 3.3 | 10.9 |
| 2017-02 | -8.9 | 6.3 | 1.5 |
| 2017-01 | -15.7 | 2.6 | 1.2 |
| 2016-12 | -1.9 | 0.9 | 1.8 |
| 2016-11 | 12.4 | -1.3 | 3.2 |
| 2016-10 | 6.7 | 2.0 | 7.6 |
| 2016-09 | -2.3 | 3.5 | 0.6 |
| 2016-08 | -6.3 | 0.3 | 0.8 |
| 2016-07 | -0.7 | -2.9 | 4.2 |
| 2016-06 | -14.8 | -11.5 | 0.8 |
| 2016-05 | -17.4 | -5.0 | 2.4 |
| 2016-04 | -8.4 | -8.3 | 0.1 |
| 2016-03 | -11.8 | -10.4 | -1.3 |
| 2016-02 | -28.7 | -11.8 | -4.1 |
| 2016-01 | -17.2 | -11.5 | -5.2 |
| 2015-12 | -6.3 | -14.6 | -3.3 |
| 2015-11 | -23.8 | -12.9 | -8.3 |
| 2015-10 | -30.0 | -7.5 | -8.9 |
| 2015-09 | -24.2 | -16.1 | -10.7 |
| 2015-08 | -26.2 | -18.4 | 1.4 |
| 2015-07 | -22.1 | -23.3 | -15.1 |
| 2015-06 | -19.2 | -20.8 | -13.4 |
| 2015-05 | -18.6 | -27.7 | -18.0 |
| 2015-04 | -29.7 | -27.4 | -15.7 |
| 2015-03 | -26.3 | -27.9 | -18.5 |
| 2015-02 | -21.2 | -42.6 | -14.9 |
| 2015-01 | -31.9 | -39.7 | -19.1 |
| 2014-12 | -35.1 | -32.5 | -17.8 |
| 2014-11 | -32.3 | -27.4 | -18.1 |
| 2014-10 | -30.0 | -36.8 | -19.5 |
| 2014-09 | -31.5 | -37.4 | -19.5 |
| 2014-08 | -28.6 | -37.1 | -17.9 |
| 2014-07 | -31.4 | -33.7 | -16.3 |
| 2014-06 | -16.0 | -36.1 | -15.5 |
| 2014-05 | -14.0 | -31.1 | -11.7 |
| 2014-04 | -20.0 | -32.2 | -16.3 |
| 2014-03 | -22.4 | -27.0 | -10.2 |
| 2014-02 | -28.6 | -28.1 | -13.9 |
| 2014-01 | -24.1 | -26.6 | -9.1 |
| 2013-12 | -24.6 | -26.4 | -14.0 |
| 2013-11 | -31.4 | -22.2 | -11.8 |
| 2013-10 | -27.2 | -24.7 | -5.6 |
| 2013-09 | -16.9 | -24.9 | -10.8 |
| 2013-08 | -27.3 | -29.8 | -19.2 |
| 2013-07 | -32.2 | -32.0 | -16.5 |
| 2013-06 | -31.7 | -29.2 | -18.7 |
| 2013-05 | -32.5 | -32.0 | -15.6 |
| 2013-04 | -34.0 | -33.7 | -13.8 |
| 2013-03 | -31.9 | -33.6 | -14.2 |
| 2013-02 | -22.9 | -33.1 | -16.3 |
| 2013-01 | -23.8 | -32.8 | -14.8 |
| 2012-12 | -20.7 | -34.4 | -12.0 |
| 2012-11 | -21.3 | -37.2 | -10.6 |
| 2012-10 | -22.4 | -38.0 | -14.1 |
| 2012-09 | -22.1 | -33.2 | -7.3 |
| 2012-08 | -19.0 | -32.0 | -4.9 |
| 2012-07 | -15.8 | -31.9 | -4.0 |
| 2012-06 | -13.7 | -28.2 | -3.2 |
| 2012-05 | -16.3 | -38.6 | -10.0 |
| 2012-04 | -11.2 | -31.8 | -6.1 |
| 2012-03 | -10.9 | -29.2 | -7.8 |
| 2012-02 | -14.4 | -19.1 | -6.6 |
| 2012-01 | -11.9 | -16.5 | -7.4 |
| 2011-12 | -15.9 | -15.8 | -7.2 |
| 2011-11 | -12.8 | -15.3 | -2.6 |
| 2011-10 | -10.7 | -6.7 | 4.7 |
| 2011-09 | -7.1 | -6.7 | -2.7 |
| 2011-08 | -2.1 | 0.4 | -2.2 |
| 2011-07 | 1.3 | 5.4 | 0.6 |
| 2011-06 | -5.0 | 2.7 | 2.8 |
| 2011-05 | -3.2 | 3.9 | 3.1 |
| 2011-04 | -3.3 | 13.5 | 1.8 |
| 2011-03 | -4.8 | 9.1 | 2.6 |
| 2011-02 | -3.7 | 7.9 | 8.3 |
| 2011-01 | -5.9 | 5.2 | 3.3 |
| 2010-12 | -7.0 | 14.2 | -2.5 |
| 2010-11 | -2.9 | 2.4 | -1.8 |
| 2010-10 | -10.1 | -0.5 | -3.1 |
| 2010-09 | -17.1 | -4.8 | -20.7 |
| 2010-08 | -21.8 | -17.4 | -1.8 |
| 2010-07 | -27.2 | -11.0 | -4.9 |
| 2010-06 | -30.8 | -12.6 | -7.0 |
| 2010-05 | -32.1 | -13.5 | -5.1 |
| 2010-04 | -33.4 | -14.1 | -6.5 |
| 2010-03 | -32.9 | -17.8 | -7.4 |
| 2010-02 | -31.6 | -19.7 | -6.4 |
| 2010-01 | -34.0 | -19.5 | -8.8 |
| 2009-12 | -30.6 | -18.6 | -8.4 |
| 2009-11 | -29.4 | -20.3 | -10.9 |
| 2009-10 | -30.3 | -27.1 | -9.2 |
| 2009-09 | -34.3 | -31.6 | -11.7 |
| 2009-08 | -38.5 | -36.8 | -15.2 |
| 2009-07 | -39.8 | -39.0 | -17.6 |
| 2009-06 | -42.2 | -44.0 | -18.0 |
| 2009-05 | -41.0 | -39.0 | -21.8 |
| 2009-04 | -40.4 | -43.3 | -19.6 |
| 2009-03 | -38.3 | -48.6 | -20.7 |
| 2009-02 | -39.4 | -65.5 | -29.1 |
| 2009-01 | -27.1 | -53.9 | -13.1 |
| 2008-12 | -35.2 | -51.8 | -13.3 |
| 2008-11 | -31.0 | -44.4 | -10.9 |
| 2008-10 | -24.7 | -48.3 | -7.3 |
| 2008-09 | -14.6 | -27.0 | -2.6 |
| 2008-08 | -8.4 | -25.5 | 0.6 |
| 2008-07 | -1.1 | -23.5 | 2.0 |
| 2008-06 | 3.0 | -20.1 | 4.5 |
| 2008-05 | 11.9 | -9.1 | 7.2 |
| 2008-04 | 15.1 | -9.7 | 10.5 |
| 2008-03 | 13.7 | -0.3 | 25.8 |
| 2008-02 | 17.9 | 1.0 | 17.9 |
| 2008-01 | 8.8 | -1.1 | 12.2 |
| 2007-12 | 16.4 | 4.2 | 18.5 |
| 2007-11 | 14.2 | 3.5 | 14.2 |
| 2007-10 | 17.8 | 8.7 | 15.4 |
| 2007-09 | 21.5 | 9.4 | 14.3 |
| 2007-08 | 21.7 | 8.5 | 15.4 |
| 2007-07 | 22.3 | 9.5 | 17.4 |
| 2007-06 | 24.0 | 13.0 | 18.6 |
| 2007-05 | 21.7 | 8.1 | 20.6 |
| 2007-04 | 16.3 | 8.7 | 19.2 |
| 2007-03 | 13.2 | 9.6 | 14.5 |
| 2007-02 | 19.7 | 13.4 | 15.5 |
| 2007-01 | 23.4 | 17.4 | 19.9 |
| 2006-12 | 26.9 | 9.8 | 14.2 |
| 2006-11 | 24.3 | 15.2 | 14.1 |
| 2006-10 | 19.8 | 14.9 | 15.1 |
| 2006-09 | 14.7 | 14.1 | 12.3 |
| 2006-08 | 11.4 | 16.5 | 13.1 |
| 2006-07 | 8.9 | 20.1 | 14.2 |
| 2006-06 | 9.7 | 15.7 | 12.6 |
| 2006-05 | 10.7 | 13.4 | 13.7 |
| 2006-04 | 14.3 | 13.4 | 10.5 |
| 2006-03 | 15.9 | 20.1 | 12.4 |
| 2006-02 | 16.3 | 19.0 | 13.0 |
| 2006-01 | 14.4 | 22.4 | 11.7 |
| 2005-12 | 17.8 | 26.1 | 13.2 |
| 2005-11 | 15.5 | 25.8 | 14.2 |
| 2005-10 | 12.6 | 13.9 | 11.5 |
| 2005-09 | 4.9 | 14.0 | 9.5 |
| 2005-08 | 5.4 | 13.3 | 8.0 |
| 2005-07 | 7.4 | 13.2 | 6.8 |
| 2005-06 | 8.1 | 21.1 | 12.3 |
| 2005-05 | 5.0 | 17.1 | 6.6 |
| 2005-04 | 11.2 | 18.8 | 6.0 |
| 2005-03 | 8.7 | 16.1 | 5.7 |
| 2005-02 | -4.6 | 14.7 | 7.9 |
| 2005-01 | -10.8 | 11.9 | 9.1 |
graphiqueExpected activity in the building construction
- Source: INSEE.
The balance of opinion on order books has improved again but remains deteriorated
In May 2025, the balance of opinion relating to the level of building construction managers' order books has improved but remains below its long-term average.
The production capacity utilisation rate has increased slightly
In May 2025, 36 % of companies have reported being at the limit of their production capacity (production bottlenecks), meaning that they would not be able to produce more with their current resources even if they received more orders. This share has increased and has left its long-term average (34 %).
The production capacity utilisation rate has bounced back: at 89.2 %, it has returned above its long-term average (89.0 %), but continues to trend near its lowest levels since the COVID-19 pandemic.
Slightly fewer business managers than in the previous month have reported facing obstacles limiting their production: at 58 %, this proportion has fallen back slightly and moved away from its long-term average. Fewer than in the previous month have reported facing insufficient demand (36 %), a share that nevertheless remains well above its long-term average. Fewer have also reported facing workforce shortages: at 25 %, this proportion remains slightly below its long-term average.
The share of companies reporting facing supply difficulties only is stable (21 %), while the share reporting facing demand difficulties only has declined slightly this month (20 %).
tableauType of difficulties encountered by companies
| Demand difficulties only | Supply difficulties only | |
|---|---|---|
| 2025-05 | 19.7 | 21.3 |
| 2025-04 | 20.8 | 21.2 |
| 2025-03 | 20.5 | 22.5 |
| 2025-02 | 19.3 | 22.3 |
| 2025-01 | 17.8 | 23.8 |
| 2024-12 | 18.3 | 23.9 |
| 2024-11 | 19.6 | 24.2 |
| 2024-10 | 17.3 | 26.2 |
| 2024-09 | 17.8 | 25.2 |
| 2024-08 | 16.2 | 27.1 |
| 2024-07 | 13.7 | 28.4 |
| 2024-06 | 16.5 | 30.3 |
| 2024-05 | 15.3 | 29.3 |
| 2024-04 | 13.8 | 29.6 |
| 2024-03 | 13.1 | 28.9 |
| 2024-02 | 12.9 | 31.0 |
| 2024-01 | 12.4 | 31.7 |
| 2023-12 | 14.2 | 31.2 |
| 2023-11 | 12.5 | 32.7 |
| 2023-10 | 9.6 | 36.2 |
| 2023-09 | 9.8 | 37.9 |
| 2023-08 | 9.7 | 39.3 |
| 2023-07 | 8.6 | 39.0 |
| 2023-06 | 9.3 | 41.1 |
| 2023-05 | 7.8 | 41.6 |
| 2023-04 | 7.1 | 43.8 |
| 2023-03 | 7.3 | 42.9 |
| 2023-02 | 6.2 | 46.1 |
| 2023-01 | 5.8 | 46.6 |
| 2022-12 | 4.7 | 48.0 |
| 2022-11 | 4.7 | 49.4 |
| 2022-10 | 4.8 | 52.9 |
| 2022-09 | 5.3 | 49.8 |
| 2022-08 | 6.1 | 51.7 |
| 2022-07 | 6.8 | 51.6 |
| 2022-06 | 4.4 | 51.3 |
| 2022-05 | 4.2 | 54.3 |
| 2022-04 | 4.5 | 53.5 |
| 2022-03 | 6.1 | 54.0 |
| 2022-02 | 5.5 | 50.4 |
| 2022-01 | 6.9 | 53.1 |
| 2021-12 | 6.5 | 56.3 |
| 2021-11 | 8.3 | 51.6 |
| 2021-10 | 6.3 | 51.5 |
| 2021-09 | 8.4 | 50.8 |
| 2021-08 | 9.2 | 51.5 |
| 2021-07 | 8.1 | 48.8 |
| 2021-06 | 9.0 | 45.6 |
| 2021-05 | 10.5 | 41.6 |
| 2021-04 | 12.5 | 41.0 |
| 2021-03 | 12.6 | 39.0 |
| 2021-02 | 13.9 | 35.2 |
| 2021-01 | 13.0 | 34.2 |
| 2020-12 | 12.4 | 32.2 |
| 2020-11 | 15.4 | 38.4 |
| 2020-10 | 14.2 | 36.3 |
| 2020-09 | 14.3 | 36.1 |
| 2020-08 | 13.7 | 37.4 |
| 2020-07 | 13.0 | 38.3 |
| 2020-06 | 11.7 | 43.9 |
| 2020-05 | 3.4 | 56.9 |
| 2020-04 | 2.1 | 63.9 |
| 2020-03 | 7.8 | 41.6 |
| 2020-02 | 10.2 | 41.9 |
| 2020-01 | 10.6 | 43.1 |
| 2019-12 | 11.0 | 42.4 |
| 2019-11 | 11.0 | 41.3 |
| 2019-10 | 11.0 | 45.9 |
| 2019-09 | 11.2 | 44.9 |
| 2019-08 | 11.3 | 44.3 |
| 2019-07 | 11.3 | 45.1 |
| 2019-06 | 10.8 | 43.4 |
| 2019-05 | 11.5 | 42.0 |
| 2019-04 | 11.3 | 41.2 |
| 2019-03 | 13.8 | 40.4 |
| 2019-02 | 14.0 | 41.0 |
| 2019-01 | 12.0 | 37.3 |
| 2018-12 | 16.0 | 40.7 |
| 2018-11 | 15.6 | 37.9 |
| 2018-10 | 17.4 | 36.1 |
| 2018-09 | 17.2 | 36.3 |
| 2018-08 | 16.7 | 35.3 |
| 2018-07 | 16.4 | 34.3 |
| 2018-06 | 18.7 | 34.5 |
| 2018-05 | 18.6 | 33.0 |
| 2018-04 | 16.2 | 35.0 |
| 2018-03 | 18.9 | 30.6 |
| 2018-02 | 18.8 | 29.5 |
| 2018-01 | 20.4 | 28.7 |
| 2017-12 | 20.6 | 28.8 |
| 2017-11 | 22.0 | 28.4 |
| 2017-10 | 21.2 | 26.3 |
| 2017-09 | 20.9 | 23.7 |
| 2017-08 | 23.7 | 23.0 |
| 2017-07 | 22.3 | 22.8 |
| 2017-06 | 25.5 | 20.4 |
| 2017-05 | 27.2 | 22.0 |
| 2017-04 | 28.6 | 19.5 |
| 2017-03 | 27.1 | 18.7 |
| 2017-02 | 26.7 | 17.5 |
| 2017-01 | 28.1 | 18.4 |
| 2016-12 | 31.4 | 18.1 |
| 2016-11 | 31.5 | 17.2 |
| 2016-10 | 32.9 | 16.2 |
| 2016-09 | 34.0 | 16.7 |
| 2016-08 | 33.4 | 16.1 |
| 2016-07 | 34.9 | 13.8 |
| 2016-06 | 36.6 | 14.3 |
| 2016-05 | 37.8 | 13.3 |
| 2016-04 | 37.3 | 13.4 |
| 2016-03 | 38.2 | 15.7 |
| 2016-02 | 37.0 | 14.5 |
| 2016-01 | 38.6 | 12.6 |
| 2015-12 | 40.0 | 13.5 |
| 2015-11 | 39.5 | 13.1 |
| 2015-10 | 39.9 | 13.9 |
| 2015-09 | 38.4 | 13.8 |
| 2015-08 | 35.9 | 14.5 |
| 2015-07 | 37.6 | 12.8 |
| 2015-06 | 37.7 | 13.5 |
| 2015-05 | 37.7 | 12.5 |
| 2015-04 | 37.6 | 11.5 |
| 2015-03 | 38.5 | 12.9 |
| 2015-02 | 37.5 | 12.9 |
| 2015-01 | 38.7 | 12.8 |
| 2014-12 | 39.3 | 13.7 |
| 2014-11 | 36.5 | 13.7 |
| 2014-10 | 37.5 | 15.0 |
| 2014-09 | 33.6 | 14.6 |
| 2014-08 | 32.3 | 15.7 |
| 2014-07 | 32.8 | 15.3 |
| 2014-06 | 32.8 | 15.0 |
| 2014-05 | 31.9 | 15.8 |
| 2014-04 | 31.2 | 15.3 |
| 2014-03 | 31.3 | 16.0 |
| 2014-02 | 32.6 | 16.1 |
| 2014-01 | 31.3 | 18.3 |
| 2013-12 | 32.5 | 19.0 |
| 2013-11 | 32.6 | 17.3 |
| 2013-10 | 31.8 | 18.3 |
| 2013-09 | 30.3 | 19.3 |
| 2013-08 | 29.2 | 19.2 |
| 2013-07 | 27.4 | 18.9 |
| 2013-06 | 27.9 | 18.6 |
| 2013-05 | 29.0 | 17.3 |
| 2013-04 | 28.8 | 17.0 |
| 2013-03 | 28.2 | 17.8 |
| 2013-02 | 26.6 | 17.4 |
| 2013-01 | 27.0 | 18.4 |
| 2012-12 | 27.4 | 15.6 |
| 2012-11 | 27.1 | 16.2 |
| 2012-10 | 28.6 | 18.3 |
| 2012-09 | 27.2 | 17.5 |
| 2012-08 | 27.4 | 17.9 |
| 2012-07 | 22.5 | 20.0 |
| 2012-06 | 24.1 | 19.4 |
| 2012-05 | 28.1 | 20.1 |
| 2012-04 | 25.3 | 21.9 |
| 2012-03 | 22.1 | 21.3 |
| 2012-02 | 12.0 | 9.6 |
| 2012-01 | 16.9 | 12.0 |
| 2011-12 | 14.0 | 10.4 |
| 2011-11 | 16.0 | 10.8 |
| 2011-10 | 17.7 | 12.4 |
| 2011-09 | 14.1 | 8.4 |
| 2011-08 | 15.3 | 10.2 |
| 2011-07 | 17.8 | 11.5 |
| 2011-06 | 13.9 | 9.8 |
| 2011-05 | 14.9 | 10.6 |
| 2011-04 | 20.6 | 13.7 |
| 2011-03 | 15.5 | 10.3 |
| 2011-02 | 14.8 | 12.2 |
| 2011-01 | 16.2 | 13.2 |
| 2010-12 | 17.0 | 11.5 |
| 2010-11 | 18.8 | 10.7 |
| 2010-10 | 20.8 | 11.7 |
| 2010-09 | 19.1 | 11.9 |
| 2010-08 | 19.5 | 11.6 |
| 2010-07 | 24.7 | 10.8 |
| 2010-06 | 22.7 | 7.4 |
| 2010-05 | 24.7 | 9.4 |
| 2010-04 | 27.6 | 9.9 |
| 2010-03 | 23.3 | 9.9 |
| 2010-02 | 23.5 | 9.0 |
| 2010-01 | 25.6 | 10.2 |
| 2009-12 | 26.9 | 9.3 |
| 2009-11 | 26.4 | 9.7 |
| 2009-10 | 25.2 | 9.1 |
| 2009-09 | 25.9 | 9.5 |
| 2009-08 | 27.4 | 9.6 |
| 2009-07 | 26.6 | 9.3 |
| 2009-06 | 26.0 | 7.9 |
| 2009-05 | 25.4 | 8.6 |
| 2009-04 | 25.6 | 10.1 |
| 2009-03 | 18.4 | 9.1 |
| 2009-02 | 20.2 | 11.3 |
| 2009-01 | 17.1 | 16.9 |
| 2008-12 | 15.3 | 12.3 |
| 2008-11 | 14.5 | 15.9 |
| 2008-10 | 12.2 | 21.0 |
| 2008-09 | 9.6 | 21.5 |
| 2008-08 | 7.6 | 24.3 |
| 2008-07 | 7.3 | 30.3 |
| 2008-06 | 6.3 | 26.7 |
| 2008-05 | 6.6 | 29.9 |
| 2008-04 | 5.6 | 36.8 |
| 2008-03 | 5.0 | 32.7 |
| 2008-02 | 4.9 | 33.2 |
| 2008-01 | 4.8 | 43.8 |
| 2007-12 | 4.7 | 36.3 |
| 2007-11 | 4.3 | 39.6 |
| 2007-10 | 5.0 | 45.3 |
| 2007-09 | 3.5 | 41.4 |
| 2007-08 | 4.0 | 45.6 |
| 2007-07 | 4.6 | 49.8 |
| 2007-06 | 4.5 | 46.5 |
| 2007-05 | 5.8 | 55.3 |
| 2007-04 | 7.3 | 49.7 |
| 2007-03 | 7.7 | 48.6 |
| 2007-02 | 4.7 | 51.0 |
| 2007-01 | 5.6 | 49.8 |
| 2006-12 | 5.4 | 51.8 |
| 2006-11 | 9.0 | 49.0 |
| 2006-10 | 9.7 | 50.3 |
| 2006-09 | 7.5 | 46.9 |
| 2006-08 | 6.9 | 48.4 |
| 2006-07 | 6.4 | 50.0 |
| 2006-06 | 7.0 | 47.6 |
| 2006-05 | 7.4 | 47.8 |
| 2006-04 | 7.5 | 49.0 |
| 2006-03 | 8.6 | 46.2 |
| 2006-02 | 10.2 | 45.3 |
| 2006-01 | 10.0 | 46.6 |
| 2005-12 | 11.4 | 45.8 |
| 2005-11 | 11.2 | 44.4 |
| 2005-10 | 9.7 | 46.4 |
| 2005-09 | 10.2 | 45.8 |
| 2005-08 | 10.5 | 45.3 |
| 2005-07 | 10.8 | 44.7 |
| 2005-06 | 11.4 | 44.1 |
| 2005-05 | 12.1 | 39.6 |
| 2005-04 | 11.6 | 39.9 |
| 2005-03 | 12.6 | 40.0 |
| 2005-02 | 14.0 | 37.2 |
| 2005-01 | 13.2 | 38.0 |
graphiqueType of difficulties encountered by companies
- Source: INSEE.
The balance of opinion on expected prices remains stable
In May 2025, the balance of opinion on expected prices has remained stable for the third month in a row, and stays at its long-term average, which is also its lowest level since June 2017 (excluding the COVID-19 crisis).
Opinion on expected workforce size has improved
In May 2025, business managers’ balance of opinion regarding the expected evolution of their workforce size has improved, while that on past workforce size has remained stable. The balance relative to expected workforce size stands slightly above its long-term average, whereas the one related to past workforce size remains slightly below its own.
tableauWorkforce size tendency in building construction
| Expected workforce size | Past workforce size | |
|---|---|---|
| 2025-05 | 2.2 | -7.4 |
| 2025-04 | -0.3 | -7.8 |
| 2025-03 | 0.1 | -6.6 |
| 2025-02 | -1.4 | -4.4 |
| 2025-01 | 1.5 | -6.1 |
| 2024-12 | 0.0 | -5.0 |
| 2024-11 | 2.6 | -1.9 |
| 2024-10 | 3.0 | -4.0 |
| 2024-09 | 1.7 | -9.6 |
| 2024-08 | 1.2 | -6.5 |
| 2024-07 | 1.8 | -1.9 |
| 2024-06 | 3.7 | -1.9 |
| 2024-05 | 3.8 | -5.1 |
| 2024-04 | 5.7 | -2.8 |
| 2024-03 | 3.7 | -2.6 |
| 2024-02 | 4.5 | -3.1 |
| 2024-01 | 4.4 | -1.7 |
| 2023-12 | 3.6 | -3.2 |
| 2023-11 | 3.6 | -2.4 |
| 2023-10 | 7.8 | -2.3 |
| 2023-09 | 8.8 | 0.9 |
| 2023-08 | 6.6 | 0.7 |
| 2023-07 | 8.4 | 2.5 |
| 2023-06 | 8.2 | 1.0 |
| 2023-05 | 8.5 | -1.9 |
| 2023-04 | 9.7 | -1.1 |
| 2023-03 | 11.9 | 2.2 |
| 2023-02 | 12.4 | 3.6 |
| 2023-01 | 13.0 | 3.6 |
| 2022-12 | 14.5 | 4.4 |
| 2022-11 | 15.1 | 4.5 |
| 2022-10 | 16.5 | 6.5 |
| 2022-09 | 14.3 | 0.0 |
| 2022-08 | 18.2 | -1.5 |
| 2022-07 | 15.0 | 0.0 |
| 2022-06 | 12.4 | 1.0 |
| 2022-05 | 16.4 | 4.6 |
| 2022-04 | 16.3 | 6.8 |
| 2022-03 | 16.7 | 0.4 |
| 2022-02 | 17.4 | 2.1 |
| 2022-01 | 16.2 | 3.1 |
| 2021-12 | 18.3 | 5.6 |
| 2021-11 | 17.8 | 3.4 |
| 2021-10 | 15.6 | 4.3 |
| 2021-09 | 15.3 | 3.6 |
| 2021-08 | 16.5 | 3.6 |
| 2021-07 | 15.3 | 4.4 |
| 2021-06 | 17.1 | 2.3 |
| 2021-05 | 17.3 | -1.8 |
| 2021-04 | 14.3 | 2.1 |
| 2021-03 | 12.7 | -1.2 |
| 2021-02 | 7.2 | -6.9 |
| 2021-01 | 5.1 | -3.8 |
| 2020-12 | 7.4 | -4.1 |
| 2020-11 | 3.3 | -6.0 |
| 2020-10 | 4.0 | -7.2 |
| 2020-09 | 2.6 | -6.8 |
| 2020-08 | 0.4 | -12.0 |
| 2020-07 | 4.2 | -17.2 |
| 2020-06 | -3.3 | -21.8 |
| 2020-05 | -17.8 | -17.5 |
| 2020-04 | -18.2 | 0.2 |
| 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.
Revisions
The business climate in the building construction industry of April 2025 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 28 April and 19 May 2025; most companies answer during the first two weeks of collection.
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: 20 June 2025 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 28 April and 19 May 2025; most companies answer during the first two weeks of collection.
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: 20 June 2025 at 8:45 am.