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Ifo Investment Survey: western German manufacturers continue to invest

Author

Listed:
  • Annette Weichselberger

Abstract

According to the results of the latest Ifo Investment Survey, manufacturers in western Germany plan to increase their investments by more than 6 percent this year over 2007. The responses of the survey participants indicate that in 2007 investments rose by nearly 12%. Some 68% of the enterprises intend to increase their investment spending this year, while 26% plan to invest less than last year. An unchanged investment volume in comparison with 2007 was reported by 6% of the survey participants. For the first time since 1991 capacity expansion was the dominant investment motive in 2007. About a third of capital expenditures in 2007 and also in 2008 falls into the category of expansion measures. Replacement investments, the major investment motive in past years, followed in second place, a motivating factor for more than a quarter of investments.

Suggested Citation

  • Annette Weichselberger, 2008. "Ifo Investment Survey: western German manufacturers continue to invest," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(04), pages 25-29, February.
    • Handle: RePEc:ces:ifosdt:v:61:y:2008:i:04:p:25-29
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    File URL: https://www.ifo.de/DocDL/ifosd_2008_4_3.pdf
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    Citations

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    Cited by:

    1. Joachim Gürtler & Arno Städtler, 2008. "Ifo Institute: Expansion of plant and equipment expenditure and equipment leasing set to continue also in 2008," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(12), pages 57-60, June.
    2. Joachim Gürtler & Arno Städtler, 2008. "Declining growth in equipment investment and movable property leasing," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(05), pages 23-26, March.
    3. Manuel Birnbrich, 2008. "Wholesaling: Less expansive investment plans," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(16), pages 24-28, August.

    More about this item

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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