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Activity declined 2.5 points from 46.9 in April to 44.4 in May, the largest decline since December 2014
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June 27, 2018
Construction: expectations and confidence levels of entrepreneurs show that there is no prospect of industry reaction in the coming months (iStock / Thinkstock)
The construction industry has suffered heavy losses with strike truckers, which lasted the last ten days of May.
The interruption of the transportation of inputs and products has resulted in a decline in activity and an increase in idleness, in addition to having a negative impact on the expectations of entrepreneurs.
Activity declined 2.5 points, from 46.9 in April to 44.4 in May, the largest decline since December 2014, when the indicator fell by 3.6 points.
The Survey Indicator on the Construction Industry, published today by the National Confederation of Industry (CNI), is revealed even worse in the current situation of employment. The number of employees decreased by 0.3 point, which means that the indicator stood at 44.3 points in May.
Search indicators range from zero to one hundred points. When they are under 50, they show a decline in activity and employment.
The use of operating capacity was 57%. This means that the industry kept 43% of the machines, equipment and staff out of service last month.
"With the truckers' strike, the building has suffered even more difficulties in recovering from the economic crisis. The sector was the first to feel the effects of the recession and faced consecutive declines in activity and employment, "said INC, economist at the CNI.
According to the survey, the expectations and confidence indices of entrepreneurs show that there is no prospect of a response from the sector in the coming months. All the indicators of anticipation have fallen sharply this month.
With the exception of the level of the expectation index of activity, which fell to 50 4 points, the other indicators were below 50 points, showing that entrepreneurs are waiting at the decrease in new businesses and services, the purchase of raw materials and raw materials. number of employees over the next six months.
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