The High Commission for Planning (HCP) indicated that the expectations put forward by the heads of companies in the construction sector, for the 4th quarter of 2021, show, overall, a stability of the activity.
In its recent note on the results of business tendency surveys among companies in the manufacturing, mining, energy, environmental and construction industry sectors, the HCP specifies that this development This would result, on the one hand, from the expected increase in activity in the “Construction of buildings” branch and, on the other hand, from the expected decrease in activity in the “Civil engineering” branch.
This development in the construction sector, adds ink the HCP, would be accompanied by a stability of the number of employees.
In the 3rd quarter of 2021, activity in the construction sector would have experienced a decrease, notes the HCP, noting that this development would have been due, on the one hand, to the decline in activity in the “Civil Engineering” branch. and, on the other hand, the increase in activity in the “Construction of buildings” branch.
The construction order books were said to have been at a lower than normal level and employment would have stagnated. Under these conditions, the capacity utilization rate (TUC) in the sector would have stood at 70%.