"The upswing is over for the time being - we have to prepare for more difficult times. Whatever the economic cycle, politics must remain capable of action." With this statement, Dr. Nicole Hoffmeister-Kraut, Minister of Economics and Labour in Baden-Württemberg, opened a top-level discussion in Stuttgart on 16 September.
The Japan Construction Report is provided by the VDMA team in Tokyo. It contains news of the construction, glass and ceramics industry of Japan and is published monthly in German. The most recent report can be downloaded from this website.
New orders in the German mechanical engineering sector also fell in July, but the pace of the decline slowed compared with the previous months. Orders fell 3 percent short of the previous year's level in real terms, with domestic orders down 4 percent and orders from abroad down 3 percent.
VDMA President Carl Martin Welcker describes the economic outlook for 2019, explains the demands made by the mechanical engineering industry on policy and explains the importance of reducing bureaucracy and tax cuts for the future of the sector.
In May 2019, incoming orders in the mechanical engineering sector in Germany fell again by 7 percent in real terms. While domestic demand almost stagnated (minus 1 percent), orders from abroad were 9 percent down on the relatively high prior-year level.
Der Auftakt ins laufende Jahr war für die Maschinenbauer in Deutschland wenig erfreulich. Im ersten Quartal 2019 wurde in den Auftragsbüchern ein Minus von real 10 Prozent im Vergleich zum gleichen Zeitraum des Vorjahres verbucht. Auch der März brachte einen Orderrückgang von 10 Prozent.
This month we are updating our privacy statement to better understand what information we collect and why. We have also taken steps to improve our features to protect your information and privacy.
There is no change to your current settings or how your data is processed. We have merely improved the explanation of our procedures and explain to you in more detail what options you have to update, manage and delete your data.
We take the protection of your personal data and their confidential treatment very seriously.
General information about the scope of processing of your personal data and about your data protection rights can be found at www.vdma.org/datenschutz.
You can reach us at the following contact details: