Tag: Industrial activity
Cancellation record, bad business – five graphics on the crisis
Housing crisis According to Klaus Wohlrabe, head of surveys at the Ifo Institute, there is currently great uncertainty in the housing construction market. (Photo: dpa) Munich More cancellations than ever…
Cancellations in residential construction are rising to record levels
Housing crisis According to Klaus Wohlrabe, head of surveys at the Ifo Institute, there is currently great uncertainty in the housing construction market. (Photo: dpa) Munich More cancellations than ever…
Cancellations in residential construction at record levels
A construction site for housing construction near Scharnhausen, Baden-Württemberg According to Klaus Wohlrabe, head of surveys at the Ifo Institute, there is currently great uncertainty in the housing construction market.…
Germany is threatened with a prolonged recession
Berlin, Washington The economic prospects in Germany continue to deteriorate. In the new growth outlook of the International Monetary Fund (IMF), the German economy is the only one of the…
Ifo business climate index falls more than expected
Mechanical engineering in Augsburg The mood among companies is once again worse. (Photo: dpa) Munich At the beginning of the second half of the year, the mood in the executive…
Purchasing managers’ indices fall surprisingly sharply
Freight trains in the marshalling yard The prospects for companies are worse than expected. (Photo: dpa) Berlin Sentiment among German and European companies deteriorated in July – and more than…
German machine builders expect significantly less growth in China
Construction site in Beijing Because the construction industry in China is ordering fewer new machines, German machine builders expect business to be worse. (Photo: AP) Beijing The business of the…
Industry reports surprisingly strongest incoming orders since 2020
Manufacture of printing machines Industry reports a significant increase in orders for May. (Photo: dpa) Berlin In May, German industry recorded the strongest increase in orders for almost three years.…
Coalition removes electricity tax aid for industry
steel worker Energy-intensive companies have so far been able to recoup a large part of the energy taxes. (Photo: dpa) Berlin The coalition surprisingly cancels the peak equalization in the…
China’s industry is growing more slowly – consumption is also declining
Retail in Shanghai Retail sales in China fell well short of analysts’ expectations in May. (Photo: Bloomberg) Beijing Chinese industrial growth slowed in May. Industrial production in the world’s second-largest…
Industrial orders fall again: “Economic sentiment is becoming more and more queasy”
Industry Orders fell by 0.4 percent compared to the previous month, as the Federal Statistical Office announced on Tuesday. (Photo: imago images / photothek) Berlin Surprisingly, German industry again had…
China’s economic outlook is clouding over
Qingdao container port Economic data from China was worse than expected. (Photo: dpa) Beijing The mood in the Chinese economy continued to deteriorate in May. This is shown by the…
China’s economic outlook is clouding over
Qingdao container port Economic data from China was worse than expected. (Photo: dpa) Beijing The mood in the Chinese economy continued to deteriorate in May. This is shown by the…
China’s industrial profits collapse 18 percent in April
Port of Nantong Chinese industrial profits have plummeted, new figures show. (Photo: dpa) Beijing Chinese industrial companies’ profits plummeted in the first four months of 2023. This is according to…
Economists expect the willingness to hire people to decline and unemployment to rise
empty office Even the service providers, who have been building up staff for a long time, were more cautious when it came to hiring. (Photo: Imago/Westend61) Berlin The weak economic…
Germany’s economy has slipped into recession – these are the reasons
Berlin The German economy slipped into a recession in the winter. From January to March, gross domestic product (GDP) shrank by 0.3 percent compared to the previous quarter. This was…
Significant mood dampener for German exporters
mechanical engineering In March, new business in German industry collapsed more than it had since the peak of the corona crisis. (Photo: dpa) Berlin The mood in the German export…
German economy slides into recession
Berlin The German economy slipped into a recession in the winter. Gross domestic product (GDP) shrank by 0.3 percent in the first quarter compared to the previous quarter. This was…
German economy slides into recession
freight trains The federal government expects GDP growth of 0.4 percent for the current year as a whole. (Photo: IMAGO/Jochen Tack) Berlin The German economy slipped into a recession due…
Ifo business climate clouded over in May
gear manufacturing “The German economy is skeptical about the summer,” said Ifo President Fuest. (Photo: dpa) Berlin The mood in the German economy clouded over in May. The barometer for…