Construction sector production decreased by 9,4% in 2011

Production in the Construction sector fell by 9,4% in volume in 2011, thus representing the sharpest drop since […]

Production in the Construction sector fell by 9,4% in volume in 2011, thus representing the sharpest drop since the beginning of the current crisis in the sector, estimates the Association of Construction and Public Works Companies (AECOPS), in the its regional analysis of the situation.

This very negative evolution is evidenced by the data on cement consumption (-15% in 2011, being, according to AECOPS, the most significant reduction over the last eight years), to the number of companies qualified for the year from activity, which fell 2,4% in 2011, to unemployment (+12,5% ​​only in Construction), to the licensing of new housing units (-31,1% until October) and to the value of open competitions (-29,0, XNUMX%).

The setback in the Construction sector was extended to all regions under the influence of AECOPS, although it was more pronounced in the Algarve, where only the licensing of new dwellings for housing fell by 56,0% (-28,6% in Alentejo, -36,2 .36,9% in the Lisbon area and -XNUMX% in the Center).

AECOPS also alerts, in its note on the situation, to the more unfavorable evolution recorded in the public works market, especially in the Algarve, where there were decreases of 61,0% and 87,0%, respectively, in the amounts of open tenders and adjudicated (national averages of -29,0% and +15%).

Given this negative evolution, it is no wonder that entrepreneurs are increasingly apprehensive about the current and future situation of Construction, with 63,0% already showing a low level of confidence in the Sector, given the successive declines the order book, which today guarantees, on average, only 7,8 months of work (in the Algarve it even drops to 4,9 months), and the decrease in the productive capacity used (67,6% on national average and 57,4 % in the Algarve).

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