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Theme: Bussines Tendencies

Business tendencies in construction, second quarter of 2016


The managers of the business entities assessed that the confidence indicator in construction in the second quarter of 2016 is 0.8
percentage points higher than the previous quarter, and 2.3 percentage points higher compared to the same quarter of 2015.
The expectations for the total orders (contracts) have remained unchanged, while the number of employees is expected to
increase during the next 3 months.
The assessment of the economic situation in the second quarter is more favourable compared to the previous quarter, as well
as compared to the same quarter of 2015. The assessment of the financial situation and of the current situation with orders
(contracts) for construction works 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 in the second quarter of 2016 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 21.4%, increased financial expenditures (interests) with 16.1%, competition in the same sector with
13.9% and no demand with 13.4%.

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