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

Third Quarter Summary:

As the economy finds itself confronted with a toxic mix of risks – economic fallout of the Ukraine war, ongoing supply chain disruptions, growing inflation, pandemic-related troubles in China – European construction equipment manufacturers are getting less confident about the economic situation. CECE’s business climate index has gone down for the fifth consecutive month, and is now at a level last seen at the end of 2020. Industry order backlog is still high but new order intake is no longer growing. North America continues to be the single market seen most optimistically by European manufacturers. Within Europe, Germany and Italy are currently the markets with the most positive assessment.

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