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
Second Quarter Summary: The European construction equipment business climate continues to be positive after bauma exhibition. Amid an improved current business evaluation and less optimistic business expectations, the climate index went down just slightly in May. The “bauma effect” was visible as incoming orders jumped up strongly right after the show. This is expected to level out next month.
When it comes to the evaluation of individual markets, manufacturers continue to be pessimistic about a recovery in Turkey. Along with increasing tensions in the Middle East, optimism about this market region fades away. Most probably due to a temporary slowdown because of the general elections, manufacturers expect declining business in India in the coming months. Hopes currently concentrate on North America, CEE countries, and the French market.
Do you want to have the detailed picture? Then participate in the Barometer! You can send an e-mail to email@example.com.