Results from the September CE Barometer survey show activity levels and sentiment in the European construction sector bouncing back after the traditional summer slowdown. Although the dip in August was deeper than has been seen in previous years, the Barometer is now broadly back to where it was before the summer break.
Sentiment on current activity was positive, with a balance of +10.8% of respondents saying they were busier in September than the previous month. This compared to a balance of -9.5% in August’s survey. The balance figure is the percentage of positive responses minus the percentage of negative responses. A positive figure indicates growth, a negative one contraction.
The future outlook also bounced back, with a balance of +38.7% of respondents saying they expected activity levels to be higher in a year’s time than now. Meanwhile, a positive balance of +16.1% of respondents said they were busier now than in September 2015.
This all took the CE Climate – an overall measure of sentiment – up to a balance figure of +21.9%, a marked improvement on the level of +10.8% recorded in August, and more in line with results from the rest of 2015.
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