“When the construction sector goes well, so does the economy”. This motto was emblematic of the French business cycle behaviour over the last decades. As a matter of fact, current order books are still at their record level, roughly at 9 months. Against this background, the sector is experiencing heightened pressures, such as cost pressures, which are increasingly reverberating on prices and margins. Moreover, in parallel, demand is already decreasing as reflected by new orders. As a result, sector’s activity may well ease in the future.
