The purpose of the survey was to gauge companies’ willingness to invest in further development and trigger growth. Societe Generale Equipment Finance has polled more than 400 engineering, transport, construction and agricultural companies.
Builders and farmers take the most pessimistic view of their future. An overall deterioration in the market situation is expected by 53% of the polled construction companies and 44% farmers. Companies in the engineering industry (where only 23% expected deterioration) and in transport (18%) regard their prospects as much brighter. Only 6% of construction companies and farmers, 15% of engineering companies, and 21% of transport companies expect improvements in the market situation.
On the other hand, companies’ expectations of demand for their products are a sign of a certain improvement in the economic outlook. Approximately one fifth of engineering companies, 18% of transport companies, and 17% of farmers expect growth in demand. The construction industry, where only 6% of the polled firms expect growing demand for services, is cautious in this respect too.