The outlook for the European construction industry rose in September, compared with August’s figure.
A balance figure of +22.2% of survey respondents said activity levels in September were higher than in August. This figure had been steadily dropping since reaching +37% in March, which was a ten-year high, but appears to be on the up again.
The balance figure is the percentage of positive responses minus the percentage of negative responses.
Respondents continued to hold a strong outlook on the future, with a balance of +41.7% saying they expected activity to be higher in a year’s time than now. This was slightly down on the +45% recorded last month.
A balance of +41.7% of survey respondents also said activity levels in September were better than a year previously. This compared to a slightly higher balance last month of +46.3%.
The CE Climate figure was also up on last month. Indeed, September’s balance was +35.2%, compared with the +33.3% seen in August.
It is clear from the results of September’s CE Barometer that respondents are feeling positive about the longer-term future.
The survey, which takes just a one minute to complete, is open to all construction professionals working in Europe. The CE Barometer survey is open from the 1st to the 15th of each month on our website. Full information can be found at www.cebarometer.eu