The Swiss construction industry, it is still good. The construction industry index, which measures the expectations for the third quarter, rising by 1.1 per cent to 150 meter – a new high – and thus also for the third quarter of hope.
The signals for the further development of sales in the construction industry but are currently uneven. In the second quarter, sales in the main construction trade rose, according to the Swiss contractors ‘ Association and Credit Suisse to 4.8 percent, to 5.5 billion Swiss francs.
All segments of the building construction had grown. Civil engineering, by contrast, was down 2.2 percent decline. The record high order backlog for the third quarter of rising sales. to eliminate the
in order To capacity constraints, from a wide range of some builders, therefore, their workforce. Therefore, this resulted in the 2. Quarter of 2019, a growth in employment in the construction industry of 7 per cent compared to the same quarter last year. A total of about 82’000 full-time employees are now employed.
housing positive
The turnover in building construction amounted in the 2. Quarter, to 2.9 billion Swiss francs. To have this pleasing result, all three segments of the building construction, which contributed to The sales increase in fraud in public-sector building construction 7.5%, in commercial construction, 9.9 percent, and housing, of the 1.8 billion Swiss francs is large, even of 13.6 percent.
Although the Swiss Federation of master Builders expected for the third quarter of a similarly high turnover in the housing sector, but the upward trend is set to continue into the medium term. For example, the new orders fell.
In the civil engineering sector, sales fell by 2.2 percent. This was due to the decline in private construction. The public civil engineering was able to increase the result on the other hand. With a turnover of 2 billion Swiss francs, is the largest individual segment in the construction industry. Measured on the worklist and the construction projects are the future prospects in civil engineering are positive.
Mixed prospects – overall, but still on the rise
For the third quarter of the construction industry index gives hope. The turnover is expected to rise by 1.1 percent compared to the second quarter. While in civil engineering, seasonally adjusted, sales are expected to be 2.9 percent lower than in the second quarter, is expected to grow in construction by 5.4 percent. The signals for the further development of sales in the construction industry but are currently uneven, as it is called on. Because in the housing construction orders fell last. At the same time, the project pipeline to remain filled, but bulging.
the Greatest risk factor in the housing sector remain currently the oversupply situation was exacerbated this year in some regions. Should the current economic slowdown continues, it could move some of the developers, projects to postpone, or to reconsider.
on the Other hand, the construction sector is expected to benefit over the years by negative interest rates. Overall, a Plus of 6.6 percent for the housing proposed. The probability of a correction in the construction market was sinking so that in the short to medium term. At the same time, longer-term risks have increased, it means more. (sda)
Created: 29.08.2019, 23:50 PM
