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
Second Quarter Summary:
For the second consecutive month, CECE’s business climate index has gone down moderately. This is primarily due to a restrained future outlook as a result of the uncertain geopolitical and economic scenario.
While sales on the European market are still growing at considerable pace, a slowing momentum in order intake suggests that this will not continue in the second half of the year. All markets within Europe are seen moderately positive by manufacturers. Globally, the Middle East market continues to be the one seen least optimistic.
Do you want to have the detailed picture? Then participate in the Barometer! You can send an e-mail to info@cece.eu.