Csc: expectations of large companies improve in January
The overall expectation is for a stable industrial production trend, but labour availability forecasts remain
The overall expectation is for a stable industrial production trend: the January quick survey carried out by the Centro studi Confindustria among large member companies shows an improvement in expectations compared to the previous month.
More than half of the companies, 54.5%, expect production to remain unchanged, while more than a third, 35%, expect an increase. At 10.5%, the share of those reporting a moderate decline remains moderate.
Looking at the quarterly dynamics, in Q4 2025, almost a quarter of the respondents, 24.2%, expected a contraction in activity, compared to 45.5% who expected stable production and 30.3% who anticipated an increase.
With the January survey, which opens the current quarter, an improvement in the economic situation can be observed, which can be attributed in particular to a reduction in the share of companies expecting a contraction in production.
The main strength supporting production is the balance on demand and orders: in January the balance improved to 3.8%, after 2.0% in December.


