IDEAS home Printed from https://ideas.repec.org/a/diw/diwdeb/2017-24-3.html
   My bibliography  Save this article

German Economy in Good Shape: DIW Economic Outlook

Author

Listed:
  • Ferdinand Fichtner
  • Karl Brenke
  • Simon Junker
  • Claus Michelsen
  • Thore Schlaak
  • Kristina van Deuverden

Abstract

The German economy is in the midst of a robust economic cycle: the number of employed persons has reached historic highs and is still increasing powerfully; private household income is on the rise; and the public coffers are overflowing. Inflation is rising only gradually, partly because capacities are not overburdened. The mood is bright among consumers and firms alike, with economic development distributed across the board: the service sector is benefiting from consumers’ more liberal spending habits, while industry is profiting from the robust exports. Yet uncertainties remain high— and this is also why companies continue to hold back on expanding their domestic capital stock. The Brexit negotiations—which include the future of trade relations—are also fraught with considerable uncertainty; as well, foreign trade could also suffer if the U.S. government implements stronger protectionist measures. No significant acceleration in investment—as would be expected given the current economic conditions—is apparent.

Suggested Citation

  • Ferdinand Fichtner & Karl Brenke & Simon Junker & Claus Michelsen & Thore Schlaak & Kristina van Deuverden, 2017. "German Economy in Good Shape: DIW Economic Outlook," DIW Economic Bulletin, DIW Berlin, German Institute for Economic Research, vol. 7(24), pages 235-238.
  • Handle: RePEc:diw:diwdeb:2017-24-3
    as

    Download full text from publisher

    File URL: https://www.diw.de/documents/publikationen/73/diw_01.c.560328.de/diw_econ_bull_2017-24-3.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Business cycle forecast; economic outlook;

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions
    • F01 - International Economics - - General - - - Global Outlook

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:diw:diwdeb:2017-24-3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bibliothek (email available below). General contact details of provider: https://edirc.repec.org/data/diwbede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.