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: Despite a slight decline in May, the CECE barometer index remains on historically high levels. The European market continues to deliver very strong results both for incoming orders and equipment sales. Future expectations are cooling down slightly, but the surveyed manufacturers are still positive about all major world regions. Companies expect the recovery of Southern Europe and CEE countries to continue. On an international level, optimism concentrates on the markets of North America, China, and India. Not a single machine manufacturer surveyed in the barometer is anticipating declining business in the next six months, only a minimal share of component manufacturers (3%) is expecting business to decrease in the short-term.
Do you want to have the detailed picture? Then participate in the Barometer! You can send an e-mail to email@example.com.