The French CETOP member ARTEMA reports on the market outlook based on an inquiry among their member companies.
More than 100 answers are compiled each month on 3 relevant indicators decided by the members:
- Activity of the month
- Activity of the next 3 months
- Backlog at the end of the month.
The September activity is good and even better overall than in September 2018 and that of the summer.
The activity of the next 3 months should remain well oriented due to orders recorded at the beginning of the year and the comparison with a fourth quarter 2018 which was already weaker.
On the other hand, the backlog continues to fall and the outlook is deteriorating in all sectors.