European business cycle indicators. 4th quarter 2025, Investment in the manufacturing and services sectors: results from the October/November 2025 survey, special topic
The special topic analyses the results of the questions on investment included in the October-November surveys for the manufacturing and services sectors, enquiring about business investment in 2025, as well as plans for 2026. On aggregate in the EU, managers' assessments indicate an expansion in business investment in both 2025 and 2026, although differences emerge between sectors. While manufacturers’ assessments point to a marginal decline in investment in 2025, followed by a rebound in 2026, managers in the services sector expect posi