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.

Third Quarter Summary:

The European construction equipment industry is not seeing any light at the end of the tunnel yet. July brought another low of the CECE Business Climate Index, confirming that the sector remains in a state of crisis.

Manufacturers’ future business expectations have improved marginally but remain negative on average.

None of the European market regions is currently being assessed positive by a majority of companies. On a global scale, optimism has vanished for all markets except India. A re-start after the summer break in Europe would be badly needed, but prospects are not too positive at the moment.

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