Die Erwartungen der Wirtschaft für 2013

Michael Knipper, Matthias Wissmann, Utz Tillmann, Klaus Mittelbach and Ralph Wiechers

Wirtschaftsdienst, 2013, vol. 93, issue 1, 7-18

Abstract: Economic forecasts for the German economy expect German GDP to grow by less than 1% in 2013. The expectations of the industry are better still — only the representatives of the automotive industry think their future growth will not be higher than the German economy on average. The construction industry expects growth of 1.5% for 2013, due to a boom in new residential construction. The chemical industry had to hold its own in a difficult economic environment marked by weak global growth, the public debt and currency crisis in the euro zone, and — connected with this — the recession in Southern Europe. According to the recent outlook of the ZVEI, production (adjusted for price) of the German electrical and electronic industry will grow by 1.5% in 2013. Despite a difficult economic environment, the VDMA economists expect further growth in production for machinery and plant manufacturers of 2% in real terms for 2013. The main impulses will likely be set by foreign demand, especially from non-EMU member states. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2013

Keywords: E32; L60 (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/s10273-013-1471-y

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