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: After the shock in April, CECE’s Business Barometer index experienced another slight downturn in May. Manufacturers do not believe in a quick market recovery yet. While order cancellations are not reported on a big scale, the lack of new orders as well as declining sales due to continued business inactivity in many parts of Europe are taking their toll. There is currently no market region around the globe for which manufacturers would anticipate business expansion.

 

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