The International Information Center for Geotechnical Engineers

Thursday, 05 October 2017 13:48

We present you the results of the "Geotechnical Business Confidence Survey" by GeoWorld, for the 3nd quarter of 2017!

GeoWorld, the online professional networking site for geotechnical engineers and associated fields supported by the International Society of Soil Mechanics and Geotechnical Engineering (ISSMGE), is pleased to announce the results of the third quarter of its Geotechnical Business Confidence Index.

The Geotechnical Business Confidence Index is derived based on the responses of geotechnical engineers, members of GeoWorld, on what they expect the business conditions to be in the next 1 year and the next 5 years compared to a “normal” year. The survey isconducted quarterly and the results are processed separately for each country. The index is the only indicator of geotechnical business conditions globally. A score of 100 indicates that the conditions are expected to be significantly better than a “normal” year, whereas a score of about 50 indicates the business conditions are about the same as a “normal” year. Scores less than 50 indicate bad business conditions.

The results for the third quarter are here and are really interesting again:

 Very good business conditions for the next year are reported again by GW members in countries like Argentina, Kenya, Colombia, Mexico (before the earthquake; would be interesting to see the next quarter) and Germany. Good business conditions are also reported again in the US, UK, Australia, as well as Russia and China. Conditions remain the same for countries like Brazil, Iran and Algeria. The conditions remain bad for countries like Greece, Iraq, South Korea while Italy and Spain seem to be joining this group. The worst conditions of all are reported in Ukraine and Venezuela. Overall, GBCI seems to be correlated to the known economic and political hardships of these countries.

q1 q2 q3 trends

  To be part of the survey, you need to login to GeoWorld and fill in our 30-sec survey!

If you don’t have an account and want to participate, join GeoWorld now by clicking here!

Join now.



Read 360 times Last modified on Friday, 06 October 2017 07:57

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