Economic situation of German mechanical engineering
05.07.2018 During the first four months of the year, production exceeded the previous year’s level by 4.2 percent, according to preliminary calculations.
Global mechanical engineering: The upswing continues
28.06.2018 For the world as a whole, turnover growth of 4 percent in real terms is expected in 2018.
Key figures of the German machine tool industry
20.06.2018 Key figures is a quarterly summary of the relevant data of the machine tool branch such as production, exports, imports, incoming orders, employment etc.
Machinery exports in 2017: Growth in the USA and China
25.05.2018 In December 2017, German machinery exports grew by a nominal 6.1 percent compared to the same month of the previous year.
VDMA Industrial Valves: An upswing in exports causes industrial valve manufacturers to rejoice
10.04.2018 The Eurozone is returning to a stable path of growth. China and USA are the most important sales markets for the industry in 2017 too.
Economic update mining: Erholung setzt sich fort
05.04.2018 The weak start to the year was overcome in February. In total, the incoming orders in the first two months of the year were 22 percent higher than at the same stage of the previous year, while domestic orders and orders from non-European countries were noticeably high, and orders from the euro partner countries noticeably low.
Economic update mining: The end of the upswing, or just a pause for breath?
16.03.2018 After the turbulent development of incoming orders over the previous year, the figures for January 2018 are like an ice-cold shower, with a decrease of 29 percent compared to January 2017. Although this is partly due to a statistical base effect – a very high index value was determined for incoming orders in January 2017 – 2018 has not started well.
Economic situation in mechanical engineering
Business slows down for building valve manufacturers in 2017
15.02.2018 Business lagged in the Eurozone in 2017 and there was little movement in the domestic market. The German Valve Manufacturers Association (VDMA) is expecting sales growth of 2% in 2018.
Dr. Ralph Wiechers
Chief Economist, Managing Director Taxes
+49 69 6603-1371
+49 69 6603-2371
Managing Director Foreign Trade, Foreign Trade Promotion, Global Development and Trade Policy
+49 69 6603-1441
+49 69 6603-2441
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The German machine builders see the greatest risk of Brexit in an increase of trade barriers. Foreign exchange risk, political and legal uncertainty and the slowdown in economic growth in the UK for several years are also assessed as high risks.
The result of the referendum in the UK alarms VDMA and the French mechanical engineering federation FIM. In a common statement, the two associations underline their support for the European integration as a basis for stability, peace and economic welfare in Europe.
German machinery manufacturing takes place in highly innovative companies.Its above average commitment to research and innovation is represented in the respective statistical figures.
This year's edition 2017 of the Statistical yearbook for mechanical engineering provides a comprehensive survey of all VDMA statistical data sets.