CE Barometer for September: A slippery slope in Q3

The CE Barometer survey for September was undertaken during the first three weeks of October.

Construction professionals across Europe participated in this month’s CE Barometer survey.

Results from the barometer have been on a steady decline since July and results have shown no signs of positivity across the industry.

Looking ahead to the next year, the numbers continue to decrease and show that confidence in the future is low.

Only 17.2% of respondents predict that their business will improve, which is lower than last month’s report of 32.3%. Those expecting business to be worse have increased from 25.5% last month to 41.4% in October.

Results compared to the previous year show that a staggering 58.6% reported that business levels are worse. This is another increase on last month’s 48.4%.

The beginning of the year began rather positively but it has been a slippery slope in Q3 and fingers are crossed for a better start to 2024.