Satisfaction with the financial situation in the industry advances

2024-02-22 14:44:25

According to a report published by the Industry Portal in the publication Construction Industry Survey, published in December 2023, the indicator of satisfaction with the financial situation showed an increase of 0.8 points compared to the third quarter, reaching 50.3 points. This movement, according to the study, indicates a relative perception of improvement among entrepreneurs in the sector, remaining 3.8 points above the average for the fourth quarters of the historical series. However, the report informs that even with this evolution, satisfaction remains at a level that suggests caution.

The publication also provided data on the profit margin satisfaction index, stating that the metric number reached 45.6 points in the last quarter of 2023 and according to the report, remaining stable compared to the previous quarter. The document also states that despite being 2.9 points above the historical average for the fourth quarters, the indicator remains below 50 points, indicating persistent dissatisfaction with the profit margin.

Regarding data on rising prices of inputs and raw materials, the index rose 2.2 points compared to the previous quarter, reaching 61.8 points. Furthermore, the report highlights data on the indicator of ease of access to credit, which, although it has advanced 0.4 points, remains far from the 50-point line. This data, according to the publication, highlights the persistence of difficulty in accessing financial resources for construction entrepreneurs.

José Antônio Valente, director of the construction franchise Trans Obra, stated that the report released by the Industry Portal provides a detailed view, which serves as a parameter for business decisions in construction, about the real financial scenario faced by entrepreneurs in the sector in the last quarter of 2023 and which can be evidenced by the values of metrics related to satisfaction rates with the financial situation, profit margin, high input prices and access to credit. “While there are signs of improvement perceived by business owners, persistent challenges, such as dissatisfaction with profit margin and difficulty in accessing credit, demand continued strategic attention to ensure sustainability and competitiveness in the challenging economic environment.”

Still on the released report, which can be analyzed through the link provided at the beginning of the article, it is possible to observe that the main obstacle, as pointed out by 27.1% of businesspeople, was again the scenario of high interest rates. According to the report, this concern has persisted for eight consecutive quarters, remaining the biggest difficulty faced by construction professionals. The document also considers that, although it remained in first position in the ranking, the problem presented a reduction in the percentage of flags for the second consecutive quarter. In the transition from the third to the fourth quarter of 2023, there was a drop of 5.6 percentage points, as can be seen in the study. Furthermore, the report points out that the high tax burden appears as the second biggest problem, with 24.1% of indications.

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