Construction Sector Confidence Index Increased

Turkey Statistical Institute Sectoral Confidence Indices announced May 2017 data.

The seasonally adjusted construction industry confidence index, which was 85.7 in the previous month, rose by 0.8 percent in May to 86.3.

This increase in the construction sector confidence index was due to the increase in the number of enterprise managers who are expecting an increase in “total number of employees” in the next three months.

Compared to the previous month, the total number of employee expectation index increased by 1.6 percent, while the current level of registered orders received decreased by 0.5 percent.

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