Survey on Industry, Services and Construction 2020Oct
Published on the 9th of November 2020
Manufacturing industry, marcket services and construction
Industry
- As anticipated, activity levels in October remained similar to those seen in September. The automobile industry reported a pick-up, whereas textiles and wearing apparel saw a decline.
Cash positions fell slightly. Order books remained below normal levels.
With the introduction of the new lockdown, business leaders expect activity to decline slightly in November; however, the fall is expected to be very contained compared with the drops seen in March and April.
Opinion on the outlook for industrial production*
Balance of opinions, SA-WDA![]()
Balance of opinions, SA-WDA
Services
- In market services, activity remained stable overall. However, accommodation and catering posted a decline.
Cash positions deteriorated slightly to below pre-crisis levels.
Business leaders expect activity to decline sharply in November as a result of the new lockdown (albeit to a more limited extent than in March-April), especially in accommodation and catering, and in leisure and personal services.
Opinion on the outlook for services activity*
Balance of opinions, SA-WDA![]()
Balance of opinions, SA-WDA
Construction
- In the construction sector, activity levels remained stable.
Order books are continuing to decline and stand below their long-term average.
Business leaders expect activity to fall slightly in November as a result of the new lockdown.
Opinion on the outlook for construction activity*
Balance of opinions, SA-WDA![]()
Balance of opinions, SA-WDA
* A positive (negative) balance of opinions corresponds to a rise (fall) in the evolution of activity. Balances of opinions may range from -200 to+200.
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CON_IND_SER_BAT_2225_en__business-survey-overview-october-2020_sans_isma_ica.pdf
Updated on the 9th of November 2020