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.

Forth Quarter Summary:

CECE’s Business Climate Index has not changed significantly in the third and fourth quarter of this year and seems to have reached the trough.

While the current business situation is further aggravating and reached new lows – only surpassed by the 2020 pandemic shock – in November, there is at the same time a strong upturn in future business expectations visible.

There is still no majority of companies that expects sales to grow in the coming six months, but the average is almost neutral now.

When it comes to regional markets, India is the only one that is seen positive by a majority of manufacturers.

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