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Theme:
Bussines Tendencies
Estimation of the managers of the business entities from the construction sector about the business situation in the third quarter of 2011
14.11.2011
According to the data from the State Statistical Office, the managers of the business entities assessed that the business situation in the third quarter of 2011 is more satisfactory compared to the previous one, as well as compared to the same quarter of the previous year. The assessment of the financial situation of their business entities is that it is only insignificantly worse compared to the previous quarter, but better compared to the same quarter of the previous year.
The expectations for the number of employees for the next period are unfavourable, and the assessment of the present situation with orders is considered more satisfactory compared to the previous quarter. The quantity and quality of the business entities' mechanization and equipment are unsatisfactory and below the normal level. The selling prices are expected to be stable in the next period.
The factors that had the greatest influence on limiting the improvement of the present construction activity were: increased material expenditures with 17.7%, increased financial expenditures (interests) with16.7%, other (delayed financial requirements from investors, disloyal competition in own sector) with 12.5% and low demand with 11.5%.
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