Insee
Informations Rapides · 25 April 2024 · n° 98
Informations rapidesIn April 2024, the business climate in the building construction has darkened Monthly survey of building - April 2024

According to the business managers surveyed in April 2024, the business climate in building construction has darkened. At 101, the synthetic indicator has lost two points and stands right above its long term average (100). Among other balances of opinion, it has been penalized by the strong deterioration of the construction managers’ opinion regarding their expected activity.

Informations rapides
No 98
Paru le :Paru le25/04/2024
Prochaine parution le : 24/05/2024 at 08:45 - May 2024

According to the business managers surveyed in April 2024, the business climate in building construction has darkened. At 101, the synthetic indicator has lost two points and stands right above its long term average (100). Among other balances of opinion, it has been penalized by the strong deterioration of the construction managers’ opinion regarding their expected activity.

Business climate composite indicator

Business climate composite indicator
Business climate composite indicator
2024-04 100.9
2024-03 103.0
2024-02 102.7
2024-01 102.8
2023-12 101.5
2023-11 102.5
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
2022-08 109.9
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
2021-07 111.2
2021-06 111.1
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 96.8
2020-06 89.4
2020-05 78.4
2020-04 80.8
2020-03 109.4
2020-02 110.7
2020-01 109.2
2019-12 108.6
2019-11 109.3
2019-10 110.6
2019-09 110.1
2019-08 109.2
2019-07 109.3
2019-06 109.3
2019-05 109.1
2019-04 109.6
2019-03 109.9
2019-02 110.4
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 99.2
2016-06 99.1
2016-05 99.2
2016-04 97.5
2016-03 96.2
2016-02 94.6
2016-01 96.3
2015-12 96.5
2015-11 93.6
2015-10 94.5
2015-09 94.7
2015-08 95.2
2015-07 92.8
2015-06 92.9
2015-05 90.6
2015-04 91.2
2015-03 90.1
2015-02 89.7
2015-01 88.8
2014-12 90.2
2014-11 90.7
2014-10 88.2
2014-09 88.3
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 96.1
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 92.4
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 98.0
2012-03 98.9
2012-02 99.3
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 98.5
2010-09 96.8
2010-08 97.2
2010-07 96.4
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 89.7
2009-07 87.9
2009-06 87.7
2009-05 88.2
2009-04 87.6
2009-03 88.4
2009-02 86.8
2009-01 90.4
2008-12 91.7
2008-11 93.1
2008-10 94.8
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
2007-08 114.4
2007-07 115.6
2007-06 116.0
2007-05 115.0
2007-04 115.1
2007-03 114.4
2007-02 114.3
2007-01 115.2
2006-12 115.0
2006-11 115.1
2006-10 115.4
2006-09 114.8
2006-08 113.8
2006-07 113.6
2006-06 113.2
2006-05 113.3
2006-04 112.5
2006-03 112.4
2006-02 112.5
2006-01 113.8
2005-12 113.4
2005-11 114.0
2005-10 112.3
2005-09 110.7
2005-08 110.8
2005-07 111.3
2005-06 110.7
2005-05 109.4
2005-04 109.7
2005-03 109.3
2005-02 108.8
2005-01 109.2
2004-12 109.7
2004-11 109.8
2004-10 108.5
2004-09 108.4
2004-08 108.0
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 97.1
2003-06 96.6
2003-05 96.2
2003-04 95.7
2003-03 94.5
2003-02 96.0
2003-01 96.0
2002-12 95.1
2002-11 95.6
2002-10 98.3
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
2001-09 104.1
2001-08 105.6
2001-07 107.2
2001-06 108.0
2001-05 110.0
2001-04 110.4
2001-03 113.5
2001-02 114.7
2001-01 114.3
2000-12 117.7
2000-11 120.6
2000-10 122.2
2000-09 121.6
2000-08 121.2
2000-07 120.8
2000-06 119.7
2000-05 117.7
2000-04 120.8
2000-03 118.6
2000-02 117.6
2000-01 119.2
1999-12 118.2
1999-11 114.8
1999-10 113.7
1999-09 113.6
1999-08 113.5
1999-07 113.2
1999-06 111.2
1999-05 112.5
1999-04 108.6
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
1998-08 107.8
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

Business climate composite indicator

  • Source: INSEE

Building industry economic outlook

Balances of opinion, in %, SA
Building industry economic outlook (Balances of opinion, in %, SA)
Average* January 24 February 24 March 24 April 24
Composite indicator 100 103 103 103 101
Past activity -3 -7 -7 -3 -6
Expected activity -4 -3 -2 -5 -13
General business outlook -15 -20 -22
Past employment -4 -1 -3 -2 -2
Expected employment -1 4 4 4 6
Opinion on order books -21 -18 -18 -20 -24
Order books (in month) 6.1 8.1 8.3 8.3 8.0
Production capacity utilisation rate (in %) 89.0 90.5 90.8 90.5 90.7
Obstacles to production increase (in %) ** 65 64 62 61 63
     Because of an insufficient demand (in %) ** 31 32 30 32 33
     Because of workforce shortage (in %) ** 29 37 35 34 36
     Because of supply difficulties (in %) ** 6 5 3 3 4
Production bottlenecks (in %) 34 42 42 42 44
     Because of workforce shortage (in %) 15 20 20 19 19
     Because of supply difficulties (in %) 3 4 6 3 0
Recruiting problems (in %) 61 79 75
Expected prices -9 12 7 7 2
Cash-flow position -10 -6 -6
Payment period 30 31 34
Economic uncertainty felt *** 9 6 9 9 5
  • *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 expected activity has strongly degraded

In April 2024, building construction managers’ opinion regarding their expected activity has strongly degraded. The associated balance of opinion stands significantly below its long term average. Business managers are moreover more pessimistic regarding their past activity, whose balance of opinion also stands below its average.

Activity tendency in building construction

Activity tendency in building construction
Expected activity Past activity
2024-04 -13.1 -5.5
2024-03 -4.8 -2.6
2024-02 -2.0 -7.2
2024-01 -3.4 -6.7
2023-12 -9.4 -5.9
2023-11 -5.0 -4.8
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

Activity tendency in building construction

  • Source: INSEE

Construction manager’s opinion on their expected activity has deteriorated in the maintenance and improvement sector as well as the new dwelling sectors. The corresponding balance of opinion is back to his long term average in the maintenance and improvement sector while it remains largely below its own in the new dwellings sector, at a unprecedented level since May 2020.

Expected activity in new dwelling and in maintenance and improvement

Expected activity in new dwelling and in maintenance and improvement
New dwelling Maintenance and improvement
2024-04 -40.8 -1.3
2024-03 -30.5 8.2
2024-02 -30.5 16.5
2024-01 -35.3 18.6
2023-12 -32.0 9.2
2023-11 -29.1 5.1
2023-10 -35.1 9.2
2023-09 -24.6 12.6
2023-08 -20.5 11.9
2023-07 -27.9 7.6
2023-06 -13.7 8.7
2023-05 -23.5 6.5
2023-04 -19.3 15.9
2023-03 -12.2 11.1
2023-02 -12.1 17.5
2023-01 -11.4 23.7
2022-12 -10.3 18.3
2022-11 -10.3 10.8
2022-10 -9.2 16.4
2022-09 -6.5 13.7
2022-08 -3.3 16.2
2022-07 -11.2 12.9
2022-06 -5.4 7.0
2022-05 -1.4 16.6
2022-04 -4.9 25.0
2022-03 6.4 15.8
2022-02 7.4 17.2
2022-01 5.9 9.1
2021-12 13.5 18.7
2021-11 8.7 19.8
2021-10 1.2 17.4
2021-09 10.9 20.6
2021-08 6.6 16.9
2021-07 9.4 15.5
2021-06 2.7 19.1
2021-05 8.5 22.8
2021-04 2.7 16.6
2021-03 5.5 16.2
2021-02 -6.4 7.4
2021-01 2.8 1.1
2020-12 0.7 3.4
2020-11 -16.1 -16.9
2020-10 6.5 3.7
2020-09 2.1 -2.9
2020-08 4.3 43.3
2020-07 9.9 62.5
2020-06 0.9 25.8
2020-05 -45.1 -11.7
2020-04 -87.9 -54.5
2020-03 -5.8 15.0
2020-02 0.6 12.1
2020-01 4.0 8.4
2019-12 4.5 9.6
2019-11 5.7 10.6
2019-10 13.5 11.0
2019-09 4.1 13.2
2019-08 1.6 12.5
2019-07 0.7 13.3
2019-06 3.2 17.8
2019-05 2.0 15.4
2019-04 0.4 12.7
2019-03 0.7 14.2
2019-02 1.4 15.6
2019-01 2.8 13.3
2018-12 4.5 10.3
2018-11 4.9 11.5
2018-10 -1.4 13.9
2018-09 -2.9 11.3
2018-08 -1.9 11.2
2018-07 2.9 13.5
2018-06 5.6 12.6
2018-05 4.1 11.9
2018-04 9.8 10.0
2018-03 10.0 10.1
2018-02 9.9 10.7
2018-01 9.1 14.5
2017-12 6.5 15.4
2017-11 5.8 13.6
2017-10 7.2 8.1
2017-09 7.5 14.8
2017-08 11.6 11.7
2017-07 13.4 8.2
2017-06 9.8 -1.2
2017-05 11.8 2.1
2017-04 10.5 6.4
2017-03 3.3 10.9
2017-02 6.3 1.5
2017-01 2.6 1.2
2016-12 0.9 1.8
2016-11 -1.3 3.2
2016-10 2.0 7.6
2016-09 3.5 0.6
2016-08 0.3 0.8
2016-07 -2.9 4.2
2016-06 -11.5 0.8
2016-05 -5.0 2.4
2016-04 -8.3 0.1
2016-03 -10.4 -1.3
2016-02 -11.8 -4.1
2016-01 -11.5 -5.2
2015-12 -14.6 -3.3
2015-11 -12.9 -8.3
2015-10 -7.5 -8.9
2015-09 -16.1 -10.7
2015-08 -18.4 1.4
2015-07 -23.3 -15.1
2015-06 -20.8 -13.4
2015-05 -27.7 -18.0
2015-04 -27.4 -15.7
2015-03 -27.9 -18.5
2015-02 -42.6 -14.9
2015-01 -39.7 -19.1
2014-12 -32.5 -17.8
2014-11 -27.4 -18.1
2014-10 -36.8 -19.5
2014-09 -37.4 -19.5
2014-08 -37.1 -17.9
2014-07 -33.7 -16.3
2014-06 -36.1 -15.5
2014-05 -31.1 -11.7
2014-04 -32.2 -16.3
2014-03 -27.0 -10.2
2014-02 -28.1 -13.9
2014-01 -26.6 -9.1
2013-12 -26.4 -14.0
2013-11 -22.2 -11.8
2013-10 -24.7 -5.6
2013-09 -24.9 -10.8
2013-08 -29.8 -19.2
2013-07 -32.0 -16.5
2013-06 -29.2 -18.7
2013-05 -32.0 -15.6
2013-04 -33.7 -13.8
2013-03 -33.6 -14.2
2013-02 -33.1 -16.3
2013-01 -32.8 -14.8
2012-12 -34.4 -12.0
2012-11 -37.2 -10.6
2012-10 -38.0 -14.1
2012-09 -33.2 -7.3
2012-08 -32.0 -4.9
2012-07 -31.9 -4.0
2012-06 -28.2 -3.2
2012-05 -38.6 -10.0
2012-04 -31.8 -6.1
2012-03 -29.2 -7.8
2012-02 -19.1 -6.6
2012-01 -16.5 -7.4
2011-12 -15.8 -7.2
2011-11 -15.3 -2.6
2011-10 -6.7 4.7
2011-09 -6.7 -2.7
2011-08 0.4 -2.2
2011-07 5.4 0.6
2011-06 2.7 2.8
2011-05 3.9 3.1
2011-04 13.5 1.8
2011-03 9.1 2.6
2011-02 7.9 8.3
2011-01 5.2 3.3
2010-12 14.2 -2.5
2010-11 2.4 -1.8
2010-10 -0.5 -3.1
2010-09 -4.8 -20.7
2010-08 -17.4 -1.8
2010-07 -11.0 -4.9
2010-06 -12.6 -7.0
2010-05 -13.5 -5.1
2010-04 -14.1 -6.5
2010-03 -17.8 -7.4
2010-02 -19.7 -6.4
2010-01 -19.5 -8.8
2009-12 -18.6 -8.4
2009-11 -20.3 -10.9
2009-10 -27.1 -9.2
2009-09 -31.6 -11.7
2009-08 -36.8 -15.2
2009-07 -39.0 -17.6
2009-06 -44.0 -18.0
2009-05 -39.0 -21.8
2009-04 -43.3 -19.6
2009-03 -48.6 -20.7
2009-02 -65.5 -29.1
2009-01 -53.9 -13.1
2008-12 -51.8 -13.3
2008-11 -44.4 -10.9
2008-10 -48.3 -7.3
2008-09 -27.0 -2.6
2008-08 -25.5 0.6
2008-07 -23.5 2.0
2008-06 -20.1 4.5
2008-05 -9.1 7.2
2008-04 -9.7 10.5
2008-03 -0.3 25.8
2008-02 1.0 17.9
2008-01 -1.1 12.2
2007-12 4.2 18.5
2007-11 3.5 14.2
2007-10 8.7 15.4
2007-09 9.4 14.3
2007-08 8.5 15.4
2007-07 9.5 17.4
2007-06 13.0 18.6
2007-05 8.1 20.6
2007-04 8.7 19.2
2007-03 9.6 14.5
2007-02 13.4 15.5
2007-01 17.4 19.9
2006-12 9.8 14.2
2006-11 15.2 14.1
2006-10 14.9 15.1
2006-09 14.1 12.3
2006-08 16.5 13.1
2006-07 20.1 14.2
2006-06 15.7 12.6
2006-05 13.4 13.7
2006-04 13.4 10.5
2006-03 20.1 12.4
2006-02 19.0 13.0
2006-01 22.4 11.7
2005-12 26.1 13.2
2005-11 25.8 14.2
2005-10 13.9 11.5
2005-09 14.0 9.5
2005-08 13.3 8.0
2005-07 13.2 6.8
2005-06 21.1 12.3
2005-05 17.1 6.6
2005-04 18.8 6.0
2005-03 16.1 5.7
2005-02 14.7 7.9
2005-01 11.9 9.1

Expected activity in new dwelling and in maintenance and improvement

  • Source: INSEE

Economic uncertainty felt by construction managers has retreated: the associated balance of opinion has dropped.

The quarterly balance of opinion on the general prospects of the sector has decreased slightly, moving away from its long term average.

The opinion on demand has degraded again

In April 2024, the balance of opinion regarding the level of building construction managers’ order books has degraded again, falling back below its long term average.

Given their staff size, building contractors have estimated that their order books provide them with 8.0 months of work, a duration that has dropped when compared to that of the previous month.

The tensions on the production apparatus have strengthened slightly

In April 2024, 44% of companies 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. Slightly increasing, this share remains clearly above its long term average (34%). 19% of business managers considered themselves unable to increase their production in case of additional orders due to workforce shortage, a stable proportion standing above its long term average.

Slightly more business managers than in the previous month have reported facing obstacles limiting their production. At 63%, this share stands below its long term average. 33% of companies have declared to be facing an insufficient demand: this share has increased again, moving away from its average. The proportion of business managers who declared facing a workforce shortage has risen again. At 36%, it stands above its long term average.

The production capacity utilisation rate is virtually stable: at 90.7%, it stands above its long term average (89.0%).

The quarterly balance of opinion on recruiting difficulties has dropped but remains way above its long term average.

The balance of opinion on expected prices has dropped sharply

The balance of opinion on expected prices has dropped sharply. It remains nonetheless above its long term average.

The quarterly balance of opinion on cash flow position is stable above its average, the one regarding late payments has risen and is now standing above its own.

Expected prices in building industry

Expected prices in building industry
Expected prices
2024-04 2.0
2024-03 7.0
2024-02 6.7
2024-01 12.4
2023-12 10.9
2023-11 9.0
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

Expected prices in building industry

  • Source : INSEE

Business managers are more optimistic about employment

In April 2024, the balance of opinion about the expected evolution over the next three months of the workforce size has increased whereas the one regarding the evolution of their past workforce size remains stable. They both stand above their long term average.

Workforce size tendency in building construction

Workforce size tendency in building construction
Expected workforce size Past workforce size
2024-04 6.0 -2.3
2024-03 3.9 -1.9
2024-02 4.1 -2.8
2024-01 4.5 -1.0
2023-12 2.4 -2.4
2023-11 2.3 -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

Workforce size tendency in building construction

  • Source : INSEE

Revisions

The business climate in the building construction industry of March 2024 has been revised upwards by one point (after rounding) due to the late integration of some companies’ responses.

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 27 March and 22 April 2024.

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: 24 May 2024 at 8:45 am.

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 27 March and 22 April 2024.

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: 24 May 2024 at 8:45 am.

: bureau-de-presse@insee.fr
: