Informations Rapides ·
22 February 2023 · n° 45
In February 2023, the business climate in the building construction industry has deteriorated
again Monthly survey of building - February 2023
According to the business managers surveyed in February 2023, the business climate in the building construction has degraded again. At 112, the synthetic indicator has lost two points; it nevertheless remains well above its long term average.
- Building construction managers’ opinion about their past activity has degraded again
- Order books: stability
- Tensions on supply have kept on easing
- The balance of opinion regarding expected prices has dropped sharply
- The balances of opinions on workforce have kept on dropping
- Revision
- For further information
According to the business managers surveyed in February 2023, the business climate in the building construction has degraded again. At 112, the synthetic indicator has lost two points; it nevertheless remains well above its long term average.
tableauBusiness climate composite indicator
| Business climate composite indicator | |
|---|---|
| 2023-02 | 112.2 |
| 2023-01 | 113.8 |
| 2022-12 | 114.5 |
| 2022-11 | 113.5 |
| 2022-10 | 114.6 |
| 2022-09 | 112.9 |
| 2022-08 | 113.2 |
| 2022-07 | 112.7 |
| 2022-06 | 113.6 |
| 2022-05 | 113.5 |
| 2022-04 | 115.0 |
| 2022-03 | 113.9 |
| 2022-02 | 113.1 |
| 2022-01 | 112.8 |
| 2021-12 | 114.8 |
| 2021-11 | 113.2 |
| 2021-10 | 111.9 |
| 2021-09 | 112.0 |
| 2021-08 | 112.2 |
| 2021-07 | 111.6 |
| 2021-06 | 111.4 |
| 2021-05 | 109.2 |
| 2021-04 | 107.6 |
| 2021-03 | 105.9 |
| 2021-02 | 102.4 |
| 2021-01 | 103.0 |
| 2020-12 | 101.6 |
| 2020-11 | 100.4 |
| 2020-10 | 104.0 |
| 2020-09 | 102.0 |
| 2020-08 | 100.1 |
| 2020-07 | 94.8 |
| 2020-06 | 89.0 |
| 2020-05 | 81.0 |
| 2020-04 | 85.0 |
| 2020-03 | 108.8 |
| 2020-02 | 110.1 |
| 2020-01 | 109.0 |
| 2019-12 | 108.7 |
| 2019-11 | 108.8 |
| 2019-10 | 109.5 |
| 2019-09 | 109.0 |
| 2019-08 | 108.0 |
| 2019-07 | 108.1 |
| 2019-06 | 108.0 |
| 2019-05 | 107.9 |
| 2019-04 | 108.7 |
| 2019-03 | 108.9 |
| 2019-02 | 110.0 |
| 2019-01 | 108.4 |
| 2018-12 | 108.3 |
| 2018-11 | 107.4 |
| 2018-10 | 107.0 |
| 2018-09 | 107.4 |
| 2018-08 | 107.9 |
| 2018-07 | 108.2 |
| 2018-06 | 107.5 |
| 2018-05 | 107.7 |
| 2018-04 | 108.7 |
| 2018-03 | 109.0 |
| 2018-02 | 107.9 |
| 2018-01 | 109.6 |
| 2017-12 | 109.0 |
| 2017-11 | 106.4 |
| 2017-10 | 105.4 |
| 2017-09 | 105.4 |
| 2017-08 | 104.7 |
| 2017-07 | 105.4 |
| 2017-06 | 104.4 |
| 2017-05 | 102.3 |
| 2017-04 | 100.7 |
| 2017-03 | 101.0 |
| 2017-02 | 100.3 |
| 2017-01 | 101.6 |
| 2016-12 | 99.0 |
| 2016-11 | 99.8 |
| 2016-10 | 100.4 |
| 2016-09 | 98.8 |
| 2016-08 | 97.6 |
| 2016-07 | 96.8 |
| 2016-06 | 96.8 |
| 2016-05 | 96.8 |
| 2016-04 | 95.2 |
| 2016-03 | 94.1 |
| 2016-02 | 92.7 |
| 2016-01 | 94.0 |
| 2015-12 | 94.0 |
| 2015-11 | 92.1 |
| 2015-10 | 92.3 |
| 2015-09 | 92.6 |
| 2015-08 | 92.9 |
| 2015-07 | 90.8 |
| 2015-06 | 91.3 |
| 2015-05 | 89.1 |
| 2015-04 | 89.4 |
| 2015-03 | 88.5 |
| 2015-02 | 88.0 |
| 2015-01 | 87.6 |
| 2014-12 | 88.5 |
| 2014-11 | 89.1 |
| 2014-10 | 87.0 |
| 2014-09 | 87.1 |
| 2014-08 | 88.4 |
| 2014-07 | 90.0 |
| 2014-06 | 91.5 |
| 2014-05 | 91.3 |
| 2014-04 | 91.3 |
| 2014-03 | 92.2 |
| 2014-02 | 91.6 |
| 2014-01 | 92.0 |
| 2013-12 | 91.6 |
| 2013-11 | 93.4 |
| 2013-10 | 94.4 |
| 2013-09 | 94.1 |
| 2013-08 | 92.7 |
| 2013-07 | 90.0 |
| 2013-06 | 89.2 |
| 2013-05 | 89.4 |
| 2013-04 | 89.4 |
| 2013-03 | 90.0 |
| 2013-02 | 91.1 |
| 2013-01 | 91.2 |
| 2012-12 | 91.4 |
| 2012-11 | 91.1 |
| 2012-10 | 91.5 |
| 2012-09 | 92.2 |
| 2012-08 | 92.8 |
| 2012-07 | 93.5 |
| 2012-06 | 95.1 |
| 2012-05 | 94.8 |
| 2012-04 | 96.6 |
| 2012-03 | 97.5 |
| 2012-02 | 97.9 |
| 2012-01 | 98.6 |
| 2011-12 | 97.3 |
| 2011-11 | 97.3 |
| 2011-10 | 98.9 |
| 2011-09 | 100.7 |
| 2011-08 | 102.6 |
| 2011-07 | 105.1 |
| 2011-06 | 104.1 |
| 2011-05 | 104.3 |
| 2011-04 | 104.5 |
| 2011-03 | 102.5 |
| 2011-02 | 101.3 |
| 2011-01 | 99.6 |
| 2010-12 | 98.3 |
| 2010-11 | 97.1 |
| 2010-10 | 95.8 |
| 2010-09 | 94.5 |
| 2010-08 | 95.1 |
| 2010-07 | 94.2 |
| 2010-06 | 91.7 |
| 2010-05 | 92.2 |
| 2010-04 | 90.6 |
| 2010-03 | 90.5 |
| 2010-02 | 91.8 |
| 2010-01 | 90.8 |
| 2009-12 | 90.1 |
| 2009-11 | 90.0 |
| 2009-10 | 90.5 |
| 2009-09 | 89.4 |
| 2009-08 | 88.4 |
| 2009-07 | 86.5 |
| 2009-06 | 86.6 |
| 2009-05 | 87.1 |
| 2009-04 | 86.9 |
| 2009-03 | 87.3 |
| 2009-02 | 87.2 |
| 2009-01 | 89.7 |
| 2008-12 | 91.5 |
| 2008-11 | 93.7 |
| 2008-10 | 96.1 |
| 2008-09 | 103.0 |
| 2008-08 | 105.0 |
| 2008-07 | 105.7 |
| 2008-06 | 107.4 |
| 2008-05 | 110.0 |
| 2008-04 | 111.8 |
| 2008-03 | 112.8 |
| 2008-02 | 112.4 |
| 2008-01 | 113.3 |
| 2007-12 | 114.3 |
| 2007-11 | 114.1 |
| 2007-10 | 113.7 |
| 2007-09 | 114.1 |
| 2007-08 | 114.4 |
| 2007-07 | 115.7 |
| 2007-06 | 115.6 |
| 2007-05 | 114.7 |
| 2007-04 | 115.0 |
| 2007-03 | 114.2 |
| 2007-02 | 114.2 |
| 2007-01 | 115.6 |
| 2006-12 | 114.7 |
| 2006-11 | 114.6 |
| 2006-10 | 115.2 |
| 2006-09 | 114.6 |
| 2006-08 | 113.7 |
| 2006-07 | 113.4 |
| 2006-06 | 113.0 |
| 2006-05 | 112.5 |
| 2006-04 | 111.3 |
| 2006-03 | 111.7 |
| 2006-02 | 111.6 |
| 2006-01 | 113.5 |
| 2005-12 | 112.5 |
| 2005-11 | 112.7 |
| 2005-10 | 110.8 |
| 2005-09 | 109.6 |
| 2005-08 | 109.7 |
| 2005-07 | 110.0 |
| 2005-06 | 109.3 |
| 2005-05 | 108.4 |
| 2005-04 | 108.5 |
| 2005-03 | 108.4 |
| 2005-02 | 108.3 |
| 2005-01 | 108.9 |
| 2004-12 | 109.3 |
| 2004-11 | 109.0 |
| 2004-10 | 107.6 |
| 2004-09 | 107.2 |
| 2004-08 | 106.9 |
| 2004-07 | 106.8 |
| 2004-06 | 104.7 |
| 2004-05 | 105.7 |
| 2004-04 | 106.1 |
| 2004-03 | 105.1 |
| 2004-02 | 104.1 |
| 2004-01 | 105.3 |
| 2003-12 | 102.7 |
| 2003-11 | 101.1 |
| 2003-10 | 97.9 |
| 2003-09 | 99.8 |
| 2003-08 | 97.7 |
| 2003-07 | 95.7 |
| 2003-06 | 96.0 |
| 2003-05 | 95.4 |
| 2003-04 | 95.0 |
| 2003-03 | 94.1 |
| 2003-02 | 95.2 |
| 2003-01 | 96.4 |
| 2002-12 | 94.3 |
| 2002-11 | 95.0 |
| 2002-10 | 98.3 |
| 2002-09 | 97.9 |
| 2002-08 | 99.0 |
| 2002-07 | 100.4 |
| 2002-06 | 103.4 |
| 2002-05 | 103.7 |
| 2002-04 | 102.2 |
| 2002-03 | 103.6 |
| 2002-02 | 103.2 |
| 2002-01 | 102.5 |
| 2001-12 | 103.1 |
| 2001-11 | 102.8 |
| 2001-10 | 103.8 |
| 2001-09 | 104.9 |
| 2001-08 | 106.4 |
| 2001-07 | 108.0 |
| 2001-06 | 108.7 |
| 2001-05 | 110.8 |
| 2001-04 | 110.9 |
| 2001-03 | 113.5 |
| 2001-02 | 115.0 |
| 2001-01 | 115.3 |
| 2000-12 | 117.4 |
| 2000-11 | 120.6 |
| 2000-10 | 121.8 |
| 2000-09 | 121.2 |
| 2000-08 | 120.7 |
| 2000-07 | 120.2 |
| 2000-06 | 119.4 |
| 2000-05 | 117.2 |
| 2000-04 | 119.9 |
| 2000-03 | 118.5 |
| 2000-02 | 117.3 |
| 2000-01 | 118.3 |
| 1999-12 | 116.6 |
| 1999-11 | 114.5 |
| 1999-10 | 113.3 |
| 1999-09 | 113.0 |
| 1999-08 | 112.9 |
| 1999-07 | 112.8 |
| 1999-06 | 110.5 |
| 1999-05 | 110.9 |
| 1999-04 | 106.6 |
| 1999-03 | 105.2 |
| 1999-02 | 105.3 |
| 1999-01 | 103.5 |
| 1998-12 | 99.5 |
| 1998-11 | 103.7 |
| 1998-10 | 104.0 |
| 1998-09 | 106.8 |
| 1998-08 | 106.3 |
| 1998-07 | 105.8 |
| 1998-06 | 103.7 |
| 1998-05 | 102.2 |
| 1998-04 | 99.7 |
| 1998-03 | 100.4 |
| 1998-02 | 98.4 |
| 1998-01 | 97.4 |
graphiqueBusiness climate composite indicator
- Source: INSEE
tableauBuilding industry economic outlook
| Average* | November 22 | December 22 | January 23 | February 23 | |
|---|---|---|---|---|---|
| Composite indicator | 100 | 113 | 115 | 114 | 112 |
| Past activity | -3 | 4 | 9 | 6 | 4 |
| Expected activity | -4 | 7 | 11 | 9 | 9 |
| General business outlook | -15 | -4 | |||
| Past employment | -4 | 8 | 8 | 5 | 3 |
| Expected employment | -2 | 16 | 16 | 14 | 13 |
| Opinion on order books | -21 | -5 | -5 | -6 | -6 |
| Order books (in month) | 6.0 | 8.7 | 8.7 | 8.8 | 8.8 |
| Production capacity utilisation rate (in %) | 88.9 | 93.0 | 93.0 | 92.9 | 92.2 |
| Obstacles to production increase (in %) ** | 65 | 68 | 70 | 69 | 68 |
| - Because of workforce shortage (in %) ** | 29 | 48 | 47 | 48 | 50 |
| - Because of supply difficulties (in %) ** | 6 | 29 | 27 | 24 | 19 |
| Production bottlenecks (in %) | 34 | 55 | 52 | 50 | 49 |
| - Because of workforce shortage (in %) | 15 | 28 | 28 | 29 | 27 |
| - Because of supply difficulties (in %) | 2 | 15 | 13 | 12 | 8 |
| Recruiting problems (in %) | 60 | 82 | |||
| Expected prices | -10 | 55 | 53 | 54 | 46 |
| Cash-flow position | -10 | -11 | |||
| Payment period | 29 | 29 | |||
| Economic uncertainty felt *** | 10 | 10 | 11 | 6 | 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
Building construction managers’ opinion about their past activity has degraded again
In February 2023, building construction managers’ opinion about their past activity has deteriorated. The corresponding balance of opinion has dropped again, but remains above its long term average. Regarding upcoming activity, the balance of opinion is stable, above its long term average.
Furthermore, slightly less business managers than in the previous month have considered the evolution of their company situation to be unpredictable. The balance of opinion on the economic uncertainty felt has decreased for the second month in a row.
tableauActivity tendency in building construction
| Expected activity | Past activity | |
|---|---|---|
| 2023-02 | 9.1 | 4.1 |
| 2023-01 | 9.4 | 6.4 |
| 2022-12 | 11.4 | 8.6 |
| 2022-11 | 7.2 | 3.9 |
| 2022-10 | 8.7 | 7.4 |
| 2022-09 | 7.1 | 4.1 |
| 2022-08 | 5.3 | 5.3 |
| 2022-07 | 1.8 | 6.8 |
| 2022-06 | 2.1 | 9.8 |
| 2022-05 | 7.3 | 1.1 |
| 2022-04 | 4.3 | 13.4 |
| 2022-03 | 11.0 | 12.2 |
| 2022-02 | 13.4 | 7.2 |
| 2022-01 | 10.6 | 3.8 |
| 2021-12 | 20.8 | 11.2 |
| 2021-11 | 13.6 | 9.8 |
| 2021-10 | 13.3 | 7.3 |
| 2021-09 | 15.8 | 11.1 |
| 2021-08 | 11.1 | 12.9 |
| 2021-07 | 8.7 | 14.6 |
| 2021-06 | 9.3 | 16.0 |
| 2021-05 | 12.8 | 5.4 |
| 2021-04 | 5.9 | 7.7 |
| 2021-03 | 7.5 | 2.7 |
| 2021-02 | -0.9 | -3.1 |
| 2021-01 | 1.8 | -2.1 |
| 2020-12 | -4.0 | -1.5 |
| 2020-11 | -14.5 | 0.2 |
| 2020-10 | 2.9 | 8.1 |
| 2020-09 | 4.4 | -4.1 |
| 2020-08 | 12.1 | -20.9 |
| 2020-07 | 17.4 | -60.0 |
| 2020-06 | 2.1 | -78.8 |
| 2020-05 | -48.0 | -78.1 |
| 2020-04 | -85.2 | -21.8 |
| 2020-03 | 6.7 | 17.8 |
| 2020-02 | 14.9 | 11.7 |
| 2020-01 | 11.0 | 9.2 |
| 2019-12 | 11.3 | 9.6 |
| 2019-11 | 10.3 | 11.7 |
| 2019-10 | 16.7 | 12.8 |
| 2019-09 | 12.6 | 12.8 |
| 2019-08 | 10.4 | 10.1 |
| 2019-07 | 10.2 | 12.6 |
| 2019-06 | 13.7 | 9.6 |
| 2019-05 | 12.2 | 6.5 |
| 2019-04 | 11.9 | 11.1 |
| 2019-03 | 14.0 | 11.4 |
| 2019-02 | 15.0 | 10.0 |
| 2019-01 | 15.8 | 7.5 |
| 2018-12 | 12.6 | 7.3 |
| 2018-11 | 11.4 | 3.7 |
| 2018-10 | 10.3 | 3.7 |
| 2018-09 | 9.6 | 2.8 |
| 2018-08 | 4.1 | 9.3 |
| 2018-07 | 6.8 | 7.7 |
| 2018-06 | 11.8 | 5.1 |
| 2018-05 | 12.5 | 6.3 |
| 2018-04 | 13.1 | 10.3 |
| 2018-03 | 11.5 | 12.9 |
| 2018-02 | 10.9 | 13.7 |
| 2018-01 | 13.8 | 14.8 |
| 2017-12 | 14.8 | 13.6 |
| 2017-11 | 14.6 | 9.6 |
| 2017-10 | 8.4 | 5.2 |
| 2017-09 | 9.1 | 8.9 |
| 2017-08 | 13.3 | 2.3 |
| 2017-07 | 11.3 | 4.8 |
| 2017-06 | 3.1 | 11.2 |
| 2017-05 | 1.8 | 4.5 |
| 2017-04 | 5.7 | -6.9 |
| 2017-03 | 2.6 | -1.9 |
| 2017-02 | -0.5 | -1.5 |
| 2017-01 | -2.5 | 5.8 |
| 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 | -15.1 | -14.5 |
| 2015-09 | -13.3 | -16.9 |
| 2015-08 | -8.8 | -18.1 |
| 2015-07 | -16.4 | -22.1 |
| 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 | -29.9 | -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 | -17.2 |
| 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 | -24.4 | -21.2 |
| 2012-10 | -25.9 | -18.3 |
| 2012-09 | -20.3 | -15.0 |
| 2012-08 | -19.2 | -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 | -4.3 |
| 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 | 5.0 | 8.4 |
| 2011-03 | 2.8 | 1.7 |
| 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 | -15.1 | -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 | 18.1 |
| 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 | 22.7 |
| 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 | 20.2 |
| 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 | 15.4 |
| 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
Order books: stability
In February 2023, as many building contractors as in last month have considered the level of their order books to be higher than average. The corresponding balance remains at a level way above its long term average. Given their staff size, building contractors have considered that their order books provide them with 8.8 months of work, a duration also stable compared to the previous month.
Tensions on supply have kept on easing
In February 2023, the production capacity went slightly back: it stands at 92.2% but remains above its long term average (88.9%).
Nearly as many business managers as in the previous month have reported facing obstacles limiting their production (68%). The share of business managers who declared facing a workforce shortage (50%) has risen nonetheless whereas the proportion of those who declared supply difficulties (19%) has dropped significantly and has reached its lowest level since May 2021.
Slightly less than half of the companies (49%) 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. This share has dropped slightly for the third month in a row. 27% of business managers considered themselves unable to increase their production in case of additional orders due to a lack of personnel, 8% due to supply difficulties, both of which have fallen.
The balance of opinion regarding expected prices has dropped sharply
In February 2023, way less business managers than in the previous month have announced that they will increase their prices in the upcoming three months. The corresponding balance of opinion has gone back sharply and has reached its lowest level since March 2022. It remains however way above its long term average.
tableauExpected Prices in building industry
| Expected prices | |
|---|---|
| 2023-02 | 45.6 |
| 2023-01 | 54.0 |
| 2022-12 | 53.0 |
| 2022-11 | 55.4 |
| 2022-10 | 56.9 |
| 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 | -9.0 |
| 2020-12 | -17.7 |
| 2020-11 | -15.2 |
| 2020-10 | -12.5 |
| 2020-09 | -12.8 |
| 2020-08 | -11.9 |
| 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 | 4.7 |
| 2018-08 | 5.5 |
| 2018-07 | 7.5 |
| 2018-06 | 4.2 |
| 2018-05 | 4.6 |
| 2018-04 | 4.9 |
| 2018-03 | 3.8 |
| 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 | -19.6 |
| 2016-09 | -19.0 |
| 2016-08 | -21.4 |
| 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 | -34.7 |
| 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 | -38.4 |
| 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
The balances of opinions on workforce have kept on dropping
In February 2023, the balances of opinion of business managers regarding their expected and past employment have dropped again but remain above their average.
tableauWorkforce size tendency in building construction
| Expected workforce size | Past workforce size | |
|---|---|---|
| 2023-02 | 13.1 | 3.5 |
| 2023-01 | 14.2 | 4.7 |
| 2022-12 | 16.3 | 8.2 |
| 2022-11 | 15.9 | 7.5 |
| 2022-10 | 17.3 | 6.4 |
| 2022-09 | 13.6 | -1.6 |
| 2022-08 | 18.4 | -3.3 |
| 2022-07 | 12.6 | -0.7 |
| 2022-06 | 12.1 | -1.4 |
| 2022-05 | 15.1 | 4.4 |
| 2022-04 | 16.1 | 7.0 |
| 2022-03 | 16.3 | 0.0 |
| 2022-02 | 17.6 | 1.8 |
| 2022-01 | 17.7 | 3.8 |
| 2021-12 | 20.0 | 9.0 |
| 2021-11 | 18.7 | 6.3 |
| 2021-10 | 15.9 | 4.1 |
| 2021-09 | 14.9 | 2.1 |
| 2021-08 | 16.9 | 1.8 |
| 2021-07 | 12.9 | 3.7 |
| 2021-06 | 16.8 | 0.4 |
| 2021-05 | 16.4 | -1.6 |
| 2021-04 | 14.0 | 2.3 |
| 2021-03 | 12.3 | -1.5 |
| 2021-02 | 7.2 | -7.1 |
| 2021-01 | 6.9 | -3.6 |
| 2020-12 | 8.8 | -1.3 |
| 2020-11 | 4.2 | -3.4 |
| 2020-10 | 3.5 | -7.5 |
| 2020-09 | 2.5 | -8.2 |
| 2020-08 | 1.0 | -13.5 |
| 2020-07 | 1.7 | -17.6 |
| 2020-06 | -3.5 | -23.2 |
| 2020-05 | -18.0 | -17.0 |
| 2020-04 | -18.5 | 0.3 |
| 2020-03 | 11.5 | 6.4 |
| 2020-02 | 17.6 | 7.8 |
| 2020-01 | 15.4 | 6.8 |
| 2019-12 | 13.7 | 5.8 |
| 2019-11 | 15.7 | 5.5 |
| 2019-10 | 12.2 | 5.9 |
| 2019-09 | 13.1 | 4.5 |
| 2019-08 | 10.3 | 5.9 |
| 2019-07 | 6.9 | 4.1 |
| 2019-06 | 9.8 | 4.5 |
| 2019-05 | 13.0 | 6.5 |
| 2019-04 | 12.8 | 3.8 |
| 2019-03 | 12.1 | 5.6 |
| 2019-02 | 16.2 | 5.7 |
| 2019-01 | 6.6 | 1.8 |
| 2018-12 | 14.3 | 5.8 |
| 2018-11 | 13.7 | 9.6 |
| 2018-10 | 10.1 | 4.9 |
| 2018-09 | 14.8 | 4.5 |
| 2018-08 | 14.8 | 3.6 |
| 2018-07 | 14.7 | 4.3 |
| 2018-06 | 10.4 | 3.9 |
| 2018-05 | 9.5 | 7.0 |
| 2018-04 | 11.2 | 3.7 |
| 2018-03 | 12.9 | 0.8 |
| 2018-02 | 5.2 | -4.6 |
| 2018-01 | 9.1 | -1.4 |
| 2017-12 | 12.1 | 7.3 |
| 2017-11 | 1.6 | -5.5 |
| 2017-10 | 4.4 | -5.2 |
| 2017-09 | 1.9 | -6.9 |
| 2017-08 | 2.0 | -7.6 |
| 2017-07 | 4.3 | -2.5 |
| 2017-06 | 2.5 | -6.6 |
| 2017-05 | -1.3 | -7.9 |
| 2017-04 | -5.2 | -15.5 |
| 2017-03 | -6.6 | -11.1 |
| 2017-02 | -8.3 | -13.2 |
| 2017-01 | -7.2 | -14.2 |
| 2016-12 | -8.3 | -15.2 |
| 2016-11 | -11.2 | -14.7 |
| 2016-10 | -8.3 | -17.4 |
| 2016-09 | -10.4 | -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 | -24.6 | -28.7 |
| 2015-06 | -19.9 | -26.4 |
| 2015-05 | -27.2 | -29.9 |
| 2015-04 | -27.3 | -34.5 |
| 2015-03 | -25.3 | -26.6 |
| 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 | -15.8 | -17.1 |
| 2013-01 | -15.6 | -14.4 |
| 2012-12 | -16.2 | -13.3 |
| 2012-11 | -14.9 | -10.7 |
| 2012-10 | -14.6 | -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 | -9.2 | -8.7 |
| 2012-03 | -9.0 | -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 | -7.7 | -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 | -17.0 | -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 | 5.9 |
| 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 | 11.5 |
| 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 | 8.2 |
| 2005-05 | 14.2 | 6.7 |
| 2005-04 | 15.2 | 6.9 |
| 2005-03 | 12.5 | 5.5 |
| 2005-02 | 9.5 | 0.1 |
| 2005-01 | 9.2 | 0.7 |
graphiqueWorkforce size tendency in building construction
- Source : INSEE
Revision
The business climate in the building construction industry of January 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 the 27 January 2023 and 17 February 2023.
Every balance of opinion from this survey is published in this Informations Rapides and in the complementary chronological series available online.
Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab of the web page of this publication.
Next issue: 28 March 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 the 27 January 2023 and 17 February 2023.
Every balance of opinion from this survey is published in this Informations Rapides and in the complementary chronological series available online.
Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab of the web page of this publication.
Next issue: 28 March 2023 at 8:45 am