Application of epsilon method to modeling expectations in construction

The epsilon method has been applied to examine the strength of relations among selected objective and subjective factors connected with a manager’s predictions of their companies’ development. The aim of this research was to study which variable has the strongest impact on business expectations in the construction industry. The results offer compelling evidence that respondents rely both on their current opinion on enterprise as well as on general economic situation. The survey was carried out based on Polish data from 2000:1 to 2008:10.