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Theme:
Bussines Tendencies
Business tendencies in construction, fourth quarter of 2019
20.01.2020
The managers of the business entities assessed that the confidence indicator in construction in the fourth quarter of 2019 is 0.6 percentage points higher compared to the third one of 2019, and 1.6 percentage points higher compared to the fourth quarter of 2018.
The expectations for the total orders (contracts) are more favourable compared to the previous quarter, and the number of employees is expected to increase during the next 3 months.
The assessment of the economic situation in the fourth quarter of 2019 is more favourable compared to the previous one, as well as compared to the fourth quarter of 2018.
The current situation with orders (contracts) for construction work is more favourable as well as the financial situation compared to the previous quarter.
The selling prices are expected to decrease 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 18.2%, increased material expenditures with 17.4%, shortage of competent staff with 16.7% and increased labour expenditures with
14.7%.
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