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Theme: Bussines Tendencies


Business tendencies in construction, third quarter of 2019

18.10.2019


The managers of the business entities assessed that the confidence indicator in construction in the third quarter of 2019 is 0.3 percentage points higher compared to the second quarter of 2019, and for 1.2 percentage points higher compared to the third quarter of 2018.

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

The assessment of the economic situation in the third quarter of 2019 is more favourable compared to the previous one, as well as compared to the third quarter of 2018.

The current situation with orders (contracts) for construction work is more favourable but the financial situation is less 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 19.5%, increased material expenditures with 18.7%, shortage of competent staff with 17.7% and increased labour expenditures with

13.6%.






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