Home News Construction activities declined by 4.5 percent in 2009

Construction activities declined by 4.5 percent in 2009

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The activities in construction in 2009 by about 4.5 percent of cases. While the wider economy will recover in 2010, the building would continue to fall back. In 2011 a sustainable recovery is expected, reports the Construction Confederation.

The number of licensed new homes fell from 51,500 in 2008 to 47,700 for the period from October 2008 to September 2009, and would fall back again in 2010, to 41,000 or 42,000 units. In non-residential building permits granted fell by about 5 percent in 2009. The promising prospects in this business segment to be gloomier still, with a decline for 2010 is estimated at 10 percent.

The civil engineering was largely spared by the recession in 2009, even with a growth of 1 percent. This is because its activities mainly depend on government orders. This growth was even stronger in 2010 (3 percent).
The renovation was a less boisterous than the new development, including through measures that support energy renovation. After expanding by 1.1 percent in 2009, the growth for 2010 estimated at 1.5 percent.
Employment in construction had a decline of 1.6 percent in the third quarter of 2009, which was less pronounced than the declines in production and the rest of the economy. (belga / sam)