Confidence Indicator for the industrial ecosystems

We build a profile of the economic sentiment for each ecosystem, by calculating a weighted average of the values of those sectors included in the definition of each ecosystem; the weights are based on the share of value added that each sector has in the total value added of the ecosystem, as a measure of the relevance of that sector to that ecosystem.

Key messages of this edition

• Nearly all ecosystems recorded an increase in confidence
• A single ecosystem (Digital) remained stable
• A single ecosystem (Construction) recorded a decrease compared to June
• The largest increase was recorded for Textile, followed by Retail, and Agri-Food
• The largest decrease was recorded for Construction
• The raise in confidence for Textile is driven mostly by the lift in Manufacture of wearing apparel
• The raise in confidence for Retail is driven mostly by the lift in Retail trade, except of motor vehicles and motorcycles
• The drop in confidence for Construction is driven mostly by the decline in Specialised construction activities outweighing the increase in other sectors
• The stability of confidence for Digital is driven mostly by the lift in other sectors balancing the decrease in Computer programming, consultancy and related activities

Note: For 'Retail', 'Agrifood', 'Proximity-Social Economy', 'Renewable Energies', and 'Health', data available only partially cover that ecosystem, so we used dashed lines and the related values have to be interpreted with caution