Confidence Indicator - European Commission
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Internal Market, Industry, Entrepreneurship and SMEs

Confidence Indicator for the industrial ecosystems

Updated every month and based on data extracted by the Joint Harmonised EU Programme of Business and Consumer Surveys, provides a timely indication of the state of each ecosystem at the EU level.

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

  • Three ecosystems (Energy Intensive Industries, Mobility-Transport-Automotive, and Textile) show increased confidence this month.
  • The largest increase was recorded for Energy Intensive Industries, driven mostly by the lift in Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials outweighing the decrease in other sectors.
  • Half of all ecosystems recorded a decrease in confidence
  • The largest decrease was recorded for Creative & Cultural Industries, driven mostly by the decline in Other professional, scientific and technical 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