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Wholesaling: Increasing sales and buoyant investment dynamics

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  • Stefan Sauer

Abstract

Turnover in wholesaling recovered noticeably last year, after the sharp decline of 2009. Also in the first half of 2011, turnover increased further. The company responses indicate great satisfaction with current business development. As part of the Ifo Investment Survey for the wholesale trade, firms are asked about the development of their sales, the number of employees and their investment expenditures in the current year. In light of brisk demand, the majority of German wholesalers anticipate a further increase in turnover for 2011. The companies intend to hire more staff and increase spending on buildings and equipment vis-à-vis the previous year. Furthermore, spending for both buildings and equipment are set to increase in comparison to the previous year. On the whole for 2011, a significant increase in investment is expected in wholesaling.

Suggested Citation

  • Stefan Sauer, 2011. "Wholesaling: Increasing sales and buoyant investment dynamics," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(15), pages 32-35, August.
    • Handle: RePEc:ces:ifosdt:v:64:y:2011:i:15:p:32-35
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    References listed on IDEAS

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    1. Kai Carstensen & Wolfgang Nierhaus & Klaus Abberger & Tim Oliver Berg & Christian Breuer & Teresa Buchen & Steffen Elstner & Christian Grimme & Steffen Henzel & Nikolay Hristov & Michael Kleemann & Wo, 2011. "Ifo Economic Forecast 2011/2012: Upswing Proceeds at a Slower Pace," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(13), pages 16-62, July.
    2. Klaus Abberger & Manuel Birnbrich & Christian Seiler, 2009. "Survey of the survey in distribution - a meta-survey on the Ifo Business Survey," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(21), pages 34-41, November.
    3. Annette Weichselberger, 2011. "Western German manufacturing: Investments set to rise clearly in 2011," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(02), pages 26-31, February.
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    More about this item

    JEL classification:

    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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