diff --git a/scrapy/crawler.py b/scrapy/crawler.py
index f573b2b7f..ded3c082b 100644
--- a/scrapy/crawler.py
+++ b/scrapy/crawler.py
@@ -39,14 +39,15 @@ class Crawler(object):
         self.settings = settings.copy()
         self.spidercls.update_settings(self.settings)
 
-        d = dict(overridden_settings(self.settings))
-        logger.info("Overridden settings: %(settings)r", {'settings': d})
-
         self.signals = SignalManager(self)
         self.stats = load_object(self.settings['STATS_CLASS'])(self)
 
         handler = LogCounterHandler(self, level=self.settings.get('LOG_LEVEL'))
         logging.root.addHandler(handler)
+
+        d = dict(overridden_settings(self.settings))
+        logger.info("Overridden settings: %(settings)r", {'settings': d})
+
         if get_scrapy_root_handler() is not None:
             # scrapy root handler already installed: update it with new settings
             install_scrapy_root_handler(self.settings)