We use cookies and similar methods to offer the best experience to all visitors and to remember their preferences. Please take a moment to review our Privacy Policy. By tapping “accept”, you consent to the use of these methods.

SBI - GERAL Q1 2026
+2.90 % 351.30
=
INCOME RETURN
+2.07 % +
APPRECIATION RETURN
+0.83 %
USD / REAL
0.00 % 5.02
CAN / REAL
0.00 % 3.64
EURO / REAL
0.00 % 5.82
IBOVESPA
-0.70 % 118,939.87 PTS
IFIX
0.00 % 3,855.09 PTS
SELIC
14.50 % 23.May.2026

Civil construction registers a drop in jobs in the sector

  • For 2023, a recovery is expected, with an increase of 2%, according to Rodrigo Navarro, president of ABRAMAT (Brazilian Association of the Industry of Construction Materials).
The sector registered a negative balance of -18,679 jobs at the end of 2022
The sector registered a negative balance of -18,679 jobs at the end of 2022
By: SiiLA News
01/17/2023

At the end of last year, the civil construction industry recorded a drop in formal jobs reaching a negative balance of -18,679. When we compare the data from 2021, 269,735 jobs were created, an increase of 11.69%.

In addition, the billing of manufacturers of construction materials was also affected. This entire industry ended the year with a 7% drop in revenue.

For 2023, a recovery is expected, with an increase of 2%, according to Rodrigo Navarro, president of ABRAMAT (Brazilian Association of the Industry of Construction Materials).

Also, according to the executive for the newspaper Valor Econômico, one of the main factors that made the construction materials sector end the year with these numbers was the high-interest rate, in addition to inflation that affected the purchasing power of the consumer.

Latam
Brazil
National
CRE
Market Analytics
Development

ABOUT SiiLA

Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

Zolver

Premium offices expand beyond São Paulo’s traditional hubs
05/20/2026
São Paulo premium office leasing hits post-pandemic high as companies seek more dynamic spaces
05/19/2026
Multifamily gains momentum in Brazil as more people live alone and prioritize everyday convenience
05/18/2026
Toky Group Tries to Rebuild After Billion-Real Bankruptcy Protection Filing, Raising Concerns for Logistics FIIs
05/14/2026
Carrefour Throws in the Towel to Cash-and-Carry in Brazil; Atacadão, Assaí and Grupo Mateus Expand
05/12/2026

Investments


Daniel Rose, CEO of APM Terminals Suape and Pecém
Record Growth: 7.9% Vacancy in Northeast Fails to Slow Logistics Expansion
Benny Finzi, country manager of 7 Bridges
7 Bridges Capital Sees Industrial Property Market as a Primary Investment Target

Market Trends

Thais Koch, director at Koch Construtora
Real Estate Culture Sets Rio and São Paulo Apart: On the Coast, the View Matters; in São Paulo, Prestige Comes from Location
Giancarlo Nicastro, CEO of SiiLA
A 12% Vacancy Rate Marks Balance in Mature Real Estate Markets — Here’s Why

Trusted by Leading Publications

EXCLUSIVE CONTENT

Join our mailing list for Real Estate News, Events, Insights & Resources.

SiiLA News on Mobile - Stay Updated Anytime, Anywhere. Read Latest Real Estate News from your phone