Four Years without Growth: German Mechanical Engineers only Expect 2027 Production Growth
13 Articles
13 Articles
The association expects production to fall by two percent in real terms in 2026. It would be the fourth consecutive decline.
The situation in mechanical engineering remains tense. Although the order situation has improved, the economic development has been strained, the VDMA emphasizes. In 2027, the trend is to succeed.
For the second time already, the VDMA mechanical engineering association has to correct the annual forecast downwards. The already chronic underutilization is also important in the labour market.
Germany's mechanical engineers have lost their last hope for the current year. Production is expected to increase again next year, but this is not a self-runner either.
Germany's mechanical engineers have lost their last hope for the current year. Production is expected to increase again next year, but this is not a self-runner either.
With the mechanical engineers the hope for the year has vanished. Production should only increase again in 2027. But this is not a self-runner.
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