Article in Journal
Industries in Focus: Furniture Industry
Simon Litsche
ifo Institute, Munich, 2020
ifo Schnelldienst, 2020, 73, Nr. 09, 75-77
ifo Institute, Munich, 2020
ifo Schnelldienst, 2020, 73, Nr. 09, 75-77
Like almost all manufacturing industries, furniture manufacturers are also suffering from the effects of the coronavirus pandemic. The significant slump in demand hit the industry hard, especially in March and April. By contrast, participants in the ifo Business Survey expect to see a recovery in the second half of 2020 – although this is unlikely to be sufficient to offset the downturn seen in the first half of the year.
Keywords: Möbelindustrie, Branchenentwicklung
JEL Classification: L690
Included in
Journal (Complete Issue)
ifo Schnelldienst 09/2020: Generation without a Future?
ifo Institute, Munich, 2020