Informations Rapides ·
26 January 2023 · n° 22
In January 2023, the business climate in the building crafts sector has degraded Quarterly survey of the building crafts sector - January 2023
The opinion of building craftsmen about their expected activity for the next three months, for both their company and the whole sector, has degraded between October 2022 and January 2023. The corresponding balances have diminished, both dropping below their long-term average.
Craftsmen’s opinion regarding the change in their activity for the last three month has also deteriorated: the corresponding balance has dropped, going below its average.
The statistics published in this issue of “Informations Rapides” may be less accurate than usual due to a lower response rate this month.
Business outlooks, both general and personal, are judged less favourable than in October
The opinion of building craftsmen about their expected activity for the next three months, for both their company and the whole sector, has degraded between October 2022 and January 2023. The corresponding balances have diminished, both dropping below their long-term average.
Craftsmen’s opinion regarding the change in their activity for the last three month has also deteriorated: the corresponding balance has dropped, going below its average.
Building craftsmen’s opinion regarding the change in their workforce size remains unchanged
In January 2023, craftsmen’s balance of opinion about their workforce size over the past three month is almost stable, remaining at its long-term average. The one regarding their expected change in workforce size for the next three months has dropped slightly to its average.
Recruitment difficulties are easing somewhat
In January 2023, 60% of craftsmen have reported experiencing recruiting difficulties, a diminishing proportion that remains above its long-term average. The share of building craftsmen declaring that they are training apprentices has dropped again slightly: it stands at 40%, a level close to its long term average.
tableauBuilding crafts sector economic outlook
| Mean* | Apr. 22 | Jul. 22 | Oct. 22 | Jan. 23 | |
|---|---|---|---|---|---|
| Past activity | -5 | 0 | -2 | 0 | -10 |
| Expected activity | -8 | 3 | -6 | -4 | -11 |
| General business outlook | -18 | -11 | -13 | -16 | -23 |
| Past employment | -4 | -2 | -3 | -4 | -3 |
| Expected employment | -3 | 1 | 0 | -1 | -3 |
| Recruiting problems (in %) | 43 | 64 | 65 | 63 | 60 |
| Apprentice training (in %) | 38 | 35 | 43 | 42 | 40 |
- * Mean since October 1990.
- Source: French business survey, building crafts sector - INSEE
tableauActivity tendency in the building crafts sector
| Expected activity | Past activity | |
|---|---|---|
| 2023-Q1 | -11.1 | -10.2 |
| 2022-Q4 | -4.3 | 0.0 |
| 2022-Q3 | -5.7 | -2.1 |
| 2022-Q2 | 2.7 | 0.1 |
| 2022-Q1 | 13.7 | 4.9 |
| 2021-Q4 | 5.3 | 8.0 |
| 2021-Q3 | 13.5 | 7.2 |
| 2021-Q2 | 8.1 | 3.1 |
| 2021-Q1 | -4.7 | -16.9 |
| 2020-Q4 | -0.5 | 5.0 |
| 2020-Q3 | -13.2 | -46.3 |
| 2020-Q2 | NaN | NaN |
| 2020-Q1 | 6.2 | -8.5 |
| 2019-Q4 | -3.1 | 2.1 |
| 2019-Q3 | -5.2 | 6.5 |
| 2019-Q2 | -2.2 | -3.8 |
| 2019-Q1 | -5.7 | -12.5 |
| 2018-Q4 | -2.9 | -1.7 |
| 2018-Q3 | 1.3 | 1.5 |
| 2018-Q2 | -2.7 | 5.3 |
| 2018-Q1 | 11.1 | 6.4 |
| 2017-Q4 | 2.9 | -3.7 |
| 2017-Q3 | -3.7 | 1.5 |
| 2017-Q2 | -1.9 | 0.6 |
| 2017-Q1 | -1.6 | -3.7 |
| 2016-Q4 | -8.4 | -5.7 |
| 2016-Q3 | -8.0 | -12.2 |
| 2016-Q2 | -16.6 | -15.2 |
| 2016-Q1 | -16.3 | -9.5 |
| 2015-Q4 | -17.1 | -19.6 |
| 2015-Q3 | -22.2 | -14.9 |
| 2015-Q2 | -30.0 | -29.7 |
| 2015-Q1 | -32.4 | -29.8 |
| 2014-Q4 | -33.8 | -24.5 |
| 2014-Q3 | -29.6 | -31.7 |
| 2014-Q2 | -26.1 | -22.2 |
| 2014-Q1 | -28.1 | -25.1 |
| 2013-Q4 | -24.1 | -24.3 |
| 2013-Q3 | -28.6 | -28.6 |
| 2013-Q2 | -31.7 | -27.3 |
| 2013-Q1 | -24.7 | -24.1 |
| 2012-Q4 | -39.4 | -26.0 |
| 2012-Q3 | -25.8 | -18.2 |
| 2012-Q2 | -21.2 | -15.4 |
| 2012-Q1 | -22.6 | -11.2 |
| 2011-Q4 | -17.6 | -14.1 |
| 2011-Q3 | -11.7 | -9.3 |
| 2011-Q2 | -7.2 | -6.5 |
| 2011-Q1 | -8.5 | -15.4 |
| 2010-Q4 | -6.2 | -9.5 |
| 2010-Q3 | -14.6 | -18.6 |
| 2010-Q2 | -19.1 | -21.4 |
| 2010-Q1 | -17.4 | -20.2 |
| 2009-Q4 | -20.9 | -21.9 |
| 2009-Q3 | -30.3 | -29.4 |
| 2009-Q2 | -25.8 | -15.6 |
| 2009-Q1 | -36.7 | -34.5 |
| 2008-Q4 | -35.3 | -24.2 |
| 2008-Q3 | -14.4 | -16.0 |
| 2008-Q2 | -8.8 | -11.9 |
| 2008-Q1 | 12.9 | -7.3 |
| 2007-Q4 | 5.1 | -2.8 |
| 2007-Q3 | 5.5 | 6.1 |
| 2007-Q2 | 1.5 | 2.7 |
| 2007-Q1 | 4.9 | 6.9 |
- Data for the second quarter of 2020 are not available as the survey was canceled in the context of the health crisis.
graphiqueActivity tendency in the building crafts sector
- Data for the second quarter of 2020 are not available as the survey was canceled in the context of the health crisis.
- Source: INSEE.
Revisions
The main balances of opinion for October 2022 are revised due to the integration of late responses from companies. In particular, the balance of opinion on expected activity, initially estimated at -12, is noticeably revised upwards, at -4.
For further information
A balance of opinion is calculated as the difference between the percentage of “higher than usual” or “increase” responses and the percentage of “lower than usual” or “decrease” responses.
The responses to this survey have been collected between 28 December 2022 and 23 January 2023.
Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab of this page.
Next issue: 25 April 2023 at 12:00 pm
Pour en savoir plus
A balance of opinion is calculated as the difference between the percentage of “higher than usual” or “increase” responses and the percentage of “lower than usual” or “decrease” responses.
The responses to this survey have been collected between 28 December 2022 and 23 January 2023.
Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab of this page.
Next issue: 25 April 2023 at 12:00 pm