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Western German manufacturing: Following noticeable decline an increase of 2% is planned for 2003

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  • Annette Weichselberger

Abstract

According to the results of the Ifo Investment Survey, western German manufacturing reduced its investment in 2002 for the first time since 1994. At €43.1 billion spending on new buildings and equipment was approximately 7% below the previous-year level. In real terms, the rate of change was 8% This year western German manufacturing plans to increase its investment spending by approximately 2%. According to the last survey, a rise of 5% was still expected for 2003. Investment growth in German manufacturing as a whole will be a good 3% since a stronger recovery in the new federal states is evident.

Suggested Citation

  • Annette Weichselberger, 2003. "Western German manufacturing: Following noticeable decline an increase of 2% is planned for 2003," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 56(14), pages 29-34, July.
    • Handle: RePEc:ces:ifosdt:v:56:y:2003:i:14:p:29-34
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    File URL: https://www.ifo.de/DocDL/ifosd_2003_14_5.pdf
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    References listed on IDEAS

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    1. Arbeitsgemeinschaft deutscher wirtschaftswissenschaftlicher Forschungsinstitute, 2003. "The State of the World Economy and the German Economy in Spring 2003," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 56(07), pages 3-45, April.
    2. Peter Jäckel, 2003. "Investment in manufacturing in the new Länder: decline in 2002 but strong increase planned for 2003," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 56(09), pages 28-33, May.
    3. Corporate author, 2003. "Die Lage der Weltwirtschaft und der deutschen Wirtschaft im Frühjahr 2003," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 70(16), pages 227-275.
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    Cited by:

    1. Arno Städtler, 2003. "Die Investitionsschwäche und der Gesetzgeber bremsen das Leasing," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 56(23), pages 10-22, December.

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    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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