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Theme: Bussines Tendencies


Business tendencies in construction, fourth quarter of 2018

18.01.2019


The managers of the business entities assessed that the confidence indicator in construction in the fourth quarter of 2018 is 0.2 percentage points higher compared to the third quarter of 2018, and for 0.3 percentage points compared to the fourth 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 decrease during the next 3 months.

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

The selling prices are expected to increase in the next period, and 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 20.9 %, increased material expenditures with 20.6%, unsatisfactory weather conditions with 13.6% and competition in the same sector with 11.8%.






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