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German Economy Defying a Turbulent and Uncertain Environment: DIW Economic Outlook

Author

Listed:
  • Claus Michelsen
  • Martin Bruns
  • Marius Clemens
  • Max Hanisch
  • Simon Junker
  • Konstantin Kholodilin
  • Thore Schlaak

Abstract

After a turbulent summer, marked by a weak second and a likely stronger third quarter, the German economy should return to an average pace of growth and end up with a growth rate of 0.9 percent in 2019. Despite the more subdued pace, capacity utilization remains high; employment growth is continuing, albeit more slowly; and the trend of foreign demand is weakening but remains buoyant overall. In this economic setting, companies are expanding their investments, yet are likely to act cautiously due to imminent upheavals in global trade.

Suggested Citation

  • Claus Michelsen & Martin Bruns & Marius Clemens & Max Hanisch & Simon Junker & Konstantin Kholodilin & Thore Schlaak, 2019. "German Economy Defying a Turbulent and Uncertain Environment: DIW Economic Outlook," DIW Weekly Report, DIW Berlin, German Institute for Economic Research, vol. 9(22/23/24), pages 196-199.
    • Handle: RePEc:diw:diwdwr:dwr9-22-3
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    File URL: https://www.diw.de/documents/publikationen/73/diw_01.c.629052.de/dwr-19-22-3.pdf
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    More about this item

    Keywords

    Business cycle forecast; ecoomic outlook;

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions
    • F01 - International Economics - - General - - - Global Outlook

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