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

First Quarter Summary: The CECE Barometer Index remains on record levels, reflecting the ongoing boom the European construction equipment sector finds itself in. March brought another boost to industry order intake from European markets. Manufacturers still believe in a continuation of the current upward trend, and their strongest optimism concentrates on Germany, France, and Central and Eastern European markets. Beyond Europe, optimism has cooled down a bit which may be related to the looming risk of a global trade war which could also affect the business prospects of European equipment manufacturers negatively. Amid the strength of the current boom, manufacturers’ capacities emerge as the main limiting factor for stronger growth.

 

Do you want to have the detailed picture? Then participate in the Barometer! You can send an e-mail to info@cece.eu.