6/17/2024 – In the first quarter of 2024, the turnover of the buildings highlights in Reggio Emilia a 5.3% drop compared to the same period of 2023. The decline, as attested by the Emilia Chamber of Commerce, appears more significant than that recorded at a regional level (-3%), just as the one relating to the craftsmanshipwith a –8% provincial compared to -5.5% in Emilia-Romagna.
A situation of suffering in the sector that is more evident than the regional averages.
Regarding turnover, for example, 11% of the sample of Reggio Emilia construction companies surveyed highlights an increasing trend (against a regional 22%), 55% stability (47% regional) and 34% complain of a decrease (against 31% regional); for craftsmanship, specifically, 38% show a decrease in turnover (34% regional), 55% stability (51% regional) and 7% a development (15% regional). Both micro and small businesses recorded a negative change of 5.3%.
With reference to theproduction trend, in the reference quarter compared to the first quarter of 2023, in Reggio Emilia 67% of builders recorded stability (against a regional 63%), 4% increased (8% regional) and 29% decreased (29% regional). The artisans in the sector indicate 71% stability (65% regional), 3% development (6% regional) and 25% decrease (less negative figure than the regional one, at 29%).
The orientation of the companies regarding the evolution of their business in the following twelve months shows that 68% of the Reggio Emilia builders are more inclined to hypothesize stability, 21% for development, 7% who hypothesize a slowdown and 4% the withdrawal from the market. For artisans in the sector, the forecasts are stability for 81%, increase for 12% and possible withdrawal from the market for the remaining part.
The forecasts on the trend of business volume for the second quarter of 2024 they show that 70% of Reggio Emilia builders are more likely to hypothesize stability (71% regional), 12% for development (18% regional), while 18% hypothesize a slowdown, against 11% regional.
For artisans in the sector, 75% of those interviewed predict stability (74% regional), 11% predict development (13% regional) and 15% hypothesize a slowdown (14% regional).
