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Western German manufacturing plans to increase investments by 4% in 2005 after three years of spending cuts

Author

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  • Annette Weichselberger

Abstract

According to the results of the latest Ifo Investment Survey, western German manufacturing reduced its investments again in 2004, contrary to original intentions. For 2005, however, an increase of 4% is expected. The major investment motive this year, however, is not so much the standard expansion, i.e. the enlargement of existing production programmes but the expansion or change of the product range. Of the 62% of the enterprises that plan increased investments in 2005, almost two thirds plan to invest in such restructuring measures.

Suggested Citation

  • Annette Weichselberger, 2005. "Western German manufacturing plans to increase investments by 4% in 2005 after three years of spending cuts," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 58(17), pages 25-31, September.
    • Handle: RePEc:ces:ifosdt:v:58:y:2005:i:17:p:25-31
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    File URL: https://www.ifo.de/DocDL/ifosd_2005_17_5.pdf
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    Citations

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    Cited by:

    1. Joachim Gürtler & Arno Städtler, 2005. "Strong growth in leasing - more indications for in increase in investment activity," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 58(17), pages 21-24, September.
    2. Joachim Gürtler & Arno Städtler, 2005. "Dynamic growth in the leasing sector weakens – pace of investment upswing temporarily weakens," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 58(22), pages 21-24, November.
    3. Peter Jäckel, 2006. "East German manufacturing: Double-digit growth in investment slated for 2006," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 59(11), pages 28-30, June.

    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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