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 European construction equipment sector still finds itself in a very positive environment, but the boom is cooling off a bit. The climate index went down for the fourth time in a row, and is now at levels seen in late 2017. Interestingly, future business expectations bounced back positively – a strong majority of manufacturers is expecting the boom not to be over yet. When it comes to individual markets, the most striking observation is the sharp decline of expectations for the Turkish market, most probably a result of the economic crisis in Turkey. Manufacturers are generally losing their confidence in the Middle East markets, whereas all other world regions are seen rather positive. Within Europe, hopes concentrate on Spain, Scandinavia, CEE markets, and Germany.
Do you want to have the detailed picture? Then participate in the Barometer! You can send an e-mail to firstname.lastname@example.org.