The monthly “Bulletin international”

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Industrial companies in the European Union are more optimistic about the future.

Industrial companies in the European Union are more optimistic about the future. However, the balance of the business climate survey remained slightly in negative territory. Following the slump in sentiment at the end of 2020, the assessment in the automotive industry recovered further in February. However, the assessment is only positive for production expectations. The balance for the assessment of order backlogs is zero.

In the machinery industry, both the assessment of order backlogs and production expectations were better in February 2021 than in the previous month. In the machinery industry, both the assessment of order backlogs and production expectations were better in February than in the previous month. But here, too, the improvement in business climate is mainly driven by expectations.

More and detailed information on the current economic situation in key mechanical engineering countries and the forecasts for 2021 can be found in our "Bulletin international". VDMA member companies are welcome to download it from this page (my.VDMA login required).

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