Economics and Statistics
The European engineering industries offer solutions for a greener and more inclusive economy.
From creating safe everyday consumer products to complete industrial plants, European engineering greatly contributes to the modern lifestyle. The industry innovates to answer to societal challenges and the demands of people, companies and governments.
To this end, European engineering is integrating people, funds, knowledge, equipment and information to make the best possible use of the principles and methods of engineering and science.
Reflecting, through statistics, the activities and impact of such a complex industry in a quantitive way is challenging in itself. It is necessary to collect, analyse, interpret and compare data on several key indicators such as output, investment and trade. However, statistics are necessary to benchmark our efforts and successes.
Furthermore, an economic analysis is necessary to forecast our future and make relevant policy suggestions.
Therefore, Orgalime’s Economists & Statistics group works in two broad areas.
We release an economic outlook twice a year. For this purpose, we collect data on key indicators and discuss in person the economic situation of the sector in each country.
Our economic outlook is a way to communicate with policy makers and the broad public, not only about our economic importance, but mostly on our estimations on how EU policies may affect our sector. Moreover, the process of drafting it allows the 43 Orgalime members to broaden their knowledge on each country and sector’s situation and concerns.
At the same time, we advocate to ensure that Eurostat statistics on the European engineering sectors are relevant and timely for the economic analysis both of companies and policy makers.
You can find below our economic outlooks and position papers.