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Theme: Bussines Tendencies

 




Business tendencies in construction, first quarter of 2018

18.04.2018


The managers of the business entities assessed that the confidence indicator in construction in the first quarter of 2018 is 0.1 percentage
point higher than the fourth quarter of 2017, and 0.7 percentage points higher compared to the same quarter of 2017.
The expectations for the total orders (contracts) are more favourable compared to the previous quarter, while the number of employees
is expected to remain stabile during the next 3 months.
The assessment of the economic situation in the first quarter of 2018 is less favourable compared to the previous quarter, but it
remained the same as in the first quarter of 2017. The current situation with orders (contracts) for construction works is less favourable,
while the financial situation is more favourable compared to the previous quarter.
The selling prices are expected to decrease 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: no demand with
21.8%, increased material expenditures with 20.9%, competition in the same sector with 17.0% and unsatisfactory weather conditions
with 11.3%.






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