CECE Business Barometer
Every month CECE asks around 150 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
Fourth Quarter Summary: After a drop in October, the CECE Barometer Index stabilized in November thanks to a recovery of future expectations. Industry sentiments in the construction equipment sector remain on very high levels. This is first and foremost attributable to the continued rally on the European market. However, virtually all markets around the globe are currently seeing an improved business scenario. Accordingly, the business climate for many international markets improved in November. Most notably, European manufacturers assess the Latin American and Middle East markets much more positive than in recent months. Concrete equipment manufacturers are currently the most optimistic sub-group.
Do you want to have the detailed picture? Then participate in the Barometer! You can send an e-mail to email@example.com.