IMF forecast: Good news for mechanical engineering
VDMA Chief Economist Dr. Ralph Wiechers on the new outlook for the world economy:
Given the positive economic data, we are not surprised that the International Monetary Fund has revised its predictions for many countries, and thus also its global growth figure for 2018, upwards.
"Published today in Davos, the outlook is good news for mechanical engineers"
Industrial production remains dynamic, especially in the markets crucial to our industry, and world trade and investment activity are finally ramping up. All this is excellent for mechanical engineering.