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Downturn in equipment investments - an historical low in the equipment leasing business climate

Author

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  • Joachim Gürtler
  • Arno Städtler

Abstract

In the wake of the dramatic worsening of the financial market crisis, the business climate in the German leasing sector deteriorated in October and November 2008, reaching the lowest point since the survey has been conducted for Germany as a whole. The assessments of the current business situation plunged and the business outlook is very pessimistic.

Suggested Citation

  • Joachim Gürtler & Arno Städtler, 2008. "Downturn in equipment investments - an historical low in the equipment leasing business climate," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(23), pages 49-52, December.
    • Handle: RePEc:ces:ifosdt:v:61:y:2008:i:23:p:49-52
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    File URL: https://www.ifo.de/DocDL/ifosd_2008_23_6.pdf
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    References listed on IDEAS

    as
    1. Annette Weichselberger, 2008. "Western German manufacturing: despite clouded economic situation, a further investment plus planned," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(16), pages 29-34, August.
    2. Manuel Birnbrich, 2008. "Retailing: Also in 2008, continuing investment dynamics mainly borne by large retailers," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(15), pages 41-45, August.
    3. Arno Städtler, 2008. "Clear cut backs in investments and leasing - 2009 threatens to be recessionary," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(24), pages 70-81, December.
    4. Joachim Gürtler & Arno Städtler, 2007. "Boom in plant and equipment spending peaks out - business expectations in leasing moving sideways," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 60(23), pages 32-35, December.
    Full references (including those not matched with items on IDEAS)

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    1. Arno Städtler, 2008. "Clear cut backs in investments and leasing - 2009 threatens to be recessionary," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(24), pages 70-81, December.
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    More about this item

    JEL classification:

    • L89 - Industrial Organization - - Industry Studies: Services - - - Other

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