Positive sentiment in the European construciton industry strengthened as 2009 drew to a close. A positive balance of +9.7% of respondents to the month's survey said activity improved in December compared to the previous month. This was up from November's result of +4,7%, and it was the fourth consecutive month that this measure of confidence has been in positive territory.

More striking was the balance of +41,2% of respondents that said they thought activity would be higher in 12 month's time. This represented a sharp inclrease on November's result of +27,8%, and was the highest this measure of confidence has been since late 2007.

As a result of these two positive figures, the arrow of our clock pointed to the ‘Boom' segment. The arrow length, which indicates the strength of the sentiment, was longer than in November, due to the stronger sentiment about future prospects.

Take part

CE would like to thank all those that took part in the December survey. It was completed by more than 300 construction professionals in 28 countries around the region.

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

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