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Die Erwartungen der Wirtschaft für 2013

Author

Listed:
  • Michael Knipper
  • Matthias Wissmann
  • Utz Tillmann
  • Klaus Mittelbach
  • Ralph Wiechers

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

Suggested Citation

  • Michael Knipper & Matthias Wissmann & Utz Tillmann & Klaus Mittelbach & Ralph Wiechers, 2013. "Die Erwartungen der Wirtschaft für 2013," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 93(1), pages 7-18, January.
    • Handle: RePEc:spr:wirtsc:v:93:y:2013:i:1:p:7-18
    DOI: 10.1007/s10273-013-1471-y
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    Keywords

    E32; L60;

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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