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.

First Quarter Summary:

After a slight bounce-back at the start of 2024, March brought a new setback to the European construction equipment business climate. Both current business situation and future expectations are negative on average. None of the European market regions is currently seen positive by CECE member companies.

On the global stage, only North America and India receive a positive market evaluation. While the rates of declines of new orders are gradually getting smaller in Europe, the industry will most probably see the trough not before the last quarter of 2024.

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