The outlook for the European construction industry fell marginally in April, but was still at a high level in comparison to many other months in the last year.
A balance figure of +35.4% of survey respondents said activity levels in April were higher than in March. This was close to March’s 37% - a ten-year high – and is the second highest balance figure seen this year.
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 +37.5% saying they expected activity to be higher in a year’s time than now. This was, however, down from +49.3% recorded last month.
A balance of +41.7% of survey respondents said activity levels in April were better than a year previously. This compared to a lower balance last month of +38.4%.
The CE Climate figure slightly down on last month, which was a six-year high. April’s balance was +38.2%, compared with the +41.6% seen in March.
While slightly down on a record month in March, the outlook for the European construction industry remains very positive.
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 15thof each month on our website. Full information can be found at www.cebarometer.eu