Expectations improve, but Construction activity continues to fall
The levels of activity and employment continued to fall in the Brazilian Construction Industry in May 2021, albeit at a slower pace than in the previous five months. Despite this result, the Construction Business Confidence increased in June. Expectations for the second half of 2021 also improved. All the indices measuring expectations of Construction entrepreneurs (activity levels, new developments and services, purchase of inputs and raw materials and number of employees) increased in June.