CECE Business Barometer
Every month CECE asks around 220 senior European construction equipment industry representatives about their opinion on the state of industry. The objective is to obtain a regular business trend indicator and describe the economic climate.
The CECE Business Climate Index summarizes the survey answers on the evaluation of the current business situation and the expectations for the next 6 months regarding sales.
While detailed results including all questions are exclusively available for participants, a summary is available to all CECE members quarterly.
CECE Business Climate Index
Forth Quarter Summary:
Business climate of the European construction equipment is seeing a sideways movement since the summer.
While the European market continues to recover moderately, the absence of a sustainable economic upturn prevents industry expectations from going up substantially.
European manufacturers seem to have weathered the shock about expanded US steel tariffs, but the outlook for business on the US market remains negative on average. India continues to be the international market manufacturers are most optimistic about.
Within Europe, Germany climbed up to number one again, as equipment manufacturers hope of stimulus from the multi-billion infrastructure fund.
Do you want to have the detailed picture? Then participate in the Barometer! You can send an e-mail to info@cece.eu.