Article in Journal
Construction (east):
Low order stocks
ifo Institut für Wirtschaftsforschung, München, 2005
in: ifo Konjunkturperspektiven, 2005, 32, Nr. 01, 21-24
Also in eastern Germany no significant change in the unfavourable judgements of the current business was evident. The upward trend in civil engineering was offset by the decline in structural engineering, especially in the public sector. Equipment utilisation (60%) and order reserves (1.8 production months) both decreased. But eastern German contractors are also less sceptical regarding future business. Staff reduction is likely to slow down in both eastern and western Germany, according to the survey responses.
JEL Classification: L740
Included in
Journal (Complete Issue)
ifo Konjunkturperspektiven 01/2005
ifo Institut für Wirtschaftsforschung, München, 2005