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: The business climate of European construction equipment manufacturers continued to improve in July. While clearly above the drop seen in May, the scenario is still deep in the negative area.
Future expectations are gradually lightening up, but the picture is heterogeneous across regions: On the more positive side, there are markets like Germany, CEE countries, and China. Strong pessimism persists when it comes to the Southern European, Indian, North American, and Latin American markets.
The notion of a “V-shape” recovery of the sector is not entirely out of reach, but as of today it looks like pre-crisis levels will not be seen again in 2021.
Do you want to have the detailed picture? Then participate in the Barometer! You can send an e-mail to firstname.lastname@example.org.