50% of German manufacturers predict revenue growth in 2025, with 40% expecting decline in 2023 and 23% stagnation, according to VDMA survey.
50% of German manufacturers expect revenue growth only in 2025, with over half considering a nominal revenue upturn as realistic only for next year after a more pessimistic outlook for 2024, according to VDMA association's survey. Almost 40% of German manufacturers see revenue falling in the current year, while 23% expect stagnation. Over a third of companies rate their present situation as "bad" or "very bad."
July 11, 2024
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