CE Barometer results for June 2021

By Mike Hayes26 July 2021

Confidence wobbles a little, following lower levels of business in the month of June

The June 2021 barometer survey was completed during the first three weeks of June.

The balance figure (the difference between those reporting on improvement or deterioration in conditions between February and March 2021) now stands at 15.2%, a significant 23% fall from the previous month’s figure.

Just over a third (34.3%) of respondents registered an improvement in their business in June, compared with the previous month, while those reporting a worsening of business almost doubled (up to 19.2% from just 10.8% in May).

As one might expect, the bad news from the last month has filtered through to the results compared with last year, as the number of respondents reporting worse business than a year ago rose from 7.8% to 13.1%. Those experiencing improved business, compared with a year ago fell from 75.5% in May to 62.6% in June.

In last month’s barometer, we already saw respondents being less enthusiastic about their expectations for a year’s time. This barometer shows a continuation of this level of business confidence, with just over half (51.5%) expecting improved business next year. This compares with 57.8% who saw things improving last month.

Just 10% predict lower levels of business next year, which is a positive takeaway from this month’s survey.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, Construction Europe Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
More News from Construction Europe
Latest speaker for sustainability summit announced
Brian Harvey from global engineering and construction firm Jacobs to speak at free to attend event
50% of construction workers have seen ‘obvious discrimination’
New report reveals that the depth of discrimination issues in the construction industry 
Manitou inaugurates new Germany HQ
Manitou Group has opened its new German headquarters in Friedrichsdorf, near Frankfurt
CONNECT WITH THE TEAM
Mike Hayes Editor, Construction Europe Tel: +44 (0)1892 786 231 E-mail: mike.hayes@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA