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Theme: Bussines Tendencies

 




Business tendencies in construction, third quarter of 2018

17.10.2018


The managers of the business entities assessed that the confidence indicator in construction in the third quarter of 2018 is 0.2 percentage points lower compared to the second quarter of 2018, and is the same compared to the third quarter of 2017.

The expectations for the total orders (contracts) are less favourable compared to the previous quarter, and the number of employees is expected to decrease during the next 3 months.

The assessment of the economic situation in the third quarter of 2018 is more favourable compared to the previous quarter as well as in the third quarter of 2017. The current situation with orders (contracts) for construction works is more favourable while the financial situation is the same compared to the previous quarter.

The selling prices are expected to increase in the next period, while the quantity and quality of the business entities' machinery and equipment are above the normal level.

The factors that had the greatest influence on limiting the improvement of the current construction activity were: increased material expenditures with 22.4%, no demand with 20.3%, competition in the same sector with 13.8% and shortage of competent staff with 12.1%.







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