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
Caterpillar introducing smart attachment feature for loaders
Feature for D3 Series Skid Steer Loaders and Compact Track Loaders said to maximise productivity
Cramo opens new site in Sweden
New flagship store near Stockholm to meet growing demand for electrified lifts
Manitou sets net zero targets
Manufacturer to lower the CO2 emissions of its worldwide operations by 46% by 2030
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