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Reading the clock

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20 March 2008

The Direction Or Angle Of The Arrow Gives An Indication of the point in the cycle the European construction industry is currently at. Given that there was stronger sentiment looking ahead then there was for the current situation, this month's arrow is approaching the vertical.

This indicates in a graphical way what the numbers say – activity will improve in the future, so the height of the boom has not yet been reached. The length of the arrow is indicative of the strength of sentiment, and again this month's is a very long arrow, due to March's up-beat results.

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Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
Peter Collinson International Sales Manager Tel: +44 (0) 1892 786220 E-mail: [email protected]
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