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

First Quarter Summary:

After four months of improvement, the CECE Business Barometer climate index stagnated in March. This came as the (still very bad) current business evaluations recorded a slight uptick while future business expectations went down moderately. Interestingly, component suppliers are currently the most optimistic sub-group when it comes to short-term future expectations.

This could hint at OEMs driving up production after stocks of finished machines have come down. When it comes to market regions, all European countries saw a better evaluation in March than in previous months. Internationally, confidence in the North American market went down significantly which appears to be a result of the chaos around potential US tariffs.

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