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Tuesday, 17 November 2009

Impact of the economic crisis on key sectors of the EU

This series of reports is prepared on a monthly basis by DG Enterprise and Industry. It aims at describing the impact of the economic crisis on of the manufacturing and construction industries. In recent months EU manufacturing output seems to have stabilised with confidence surveys also showing a more positive outlook. This suggests that the inventory correction has begun to reach its end and that over the coming months manufacturing output could be expected to start to recover. Indeed, data on new orders and export volumes have also shown some improvement. In contrast, output in the construction industry has continued to fall.

Source:  European Commission

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