Following a sharp jump up in February, confidence in the European construction sector stayed at a high level in March, according to the latest CE Barometer survey results. February saw confidence in the sector hit its highest levels since the start of the global financial crisis, with the Cf Climate, a broad measure of sentiment, reach a balance figure of +36.4%. The balance figure is the percentage of positive responses, minus the number of negative ones. In March that figure fell back to a balance of +28.8%, but this was still better than the Cf Climate from mid-2011 through to the start of this year. Sentiment was well into positive territory across the various measures CE asks survey respondents to comment on. Most striking was the balance of +43.8% of respondents who said they expected business to be better in a year's time compared to today. Again, this was down from the figure of +51.5% seen in February, but still a forthright and positive result.
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