CECE extends projection of construction boom


As the boom of the European construction equipment sector continues, CECE’s business climate index remains on extremely high levels. There is currently no market region where a majority of manufacturers would expect business declines.

Above: CECE’s Business Climate Index 

Manufacturers aim to increase capacities – in July, 50% of surveyed companies reported workforce expansion plans. When it comes to markets, North America has seen the strongest uptick, most probably because of renewed optimism about the US infrastructure plan.

However the general scenario of the industry is unchanged: the strong demand can’t be fully realised because of supply side bottlenecks.

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 summarises the survey answers on the evaluation of the current business situation and the expectations for the next six months regarding sales.

Share this story:

About Author


Saul Wordsworth is deputy editor of the iVT brand - which includes digital and print editions of a quarterly magazine and Off-Highway Annual, as well as ivtinternational.com. He is a keen cyclist and lives in north London.

Comments are closed.