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Economic uncertainty in the Kleve district and the Lower Rhine: Companies are demanding clear perspectives and impulses from politics
Many companies in the Kleve district and the entire Lower Rhine expect that their business will be worse in the next few months than in the summer. This is reported by the Lower Rhine Chamber of Industry and Commerce (IHK), citing its current economic survey. The companies express criticism primarily of the economic policy framework: there was a lack of the right impulses from politics. "Too slow and too indecisive: Many important projects for our economy are stalling. Our companies need reliable statements and clear perspectives, especially now that the situation is deteriorating," says IHK General Manager Stefan Dietzfelbinger. The skepticism in the industry is particularly palpable: only...
Economic uncertainty in the Kleve district and the Lower Rhine: Companies are demanding clear perspectives and impulses from politics
Many companies in the Kleve district and the entire Lower Rhine expect that their business will be worse in the next few months than in the summer. This is reported by the Lower Rhine Chamber of Industry and Commerce (IHK), citing its current economic survey. The companies express criticism primarily of the economic policy framework: there was a lack of the right impulses from politics.
"Too slow and too indecisive: Many important projects for our economy are stalling. Our companies need reliable statements and clear perspectives, especially now that the situation is deteriorating," says IHK General Manager Stefan Dietzfelbinger. The skepticism is particularly palpable in the industry: only one out of seven companies stated in the current IHK survey that they were optimistic about the future.
"Many companies are still holding back on investments. However, after the pandemic and the energy crisis, there is actually a need to catch up. The political back and forth, such as with the energy or mobility transition, unsettles companies. For many, it makes more sense to wait and see - a vicious circle when it comes to the economic recovery," says Dietzfelbinger.
The entrepreneurs primarily cite energy and raw material prices as the biggest risks. This changes the picture: up to now, the shortage of skilled workers has been the biggest concern. "Other countries are pulling ahead, Germany, on the other hand, is in a recession. At the same time, other locations are also becoming more attractive in terms of investments. The chemical industry in particular, but also steel production, are closely examining energy costs and general conditions. Our economy will lose its good position if we don't act quickly: reduce bureaucracy, plan and build more quickly, new areas for the economy - that's what's important now," says the Managing Director. The IHK economic climate index also expresses the cautious mood in the economy: it recently fell from 103 points to just 96 points.
According to its own information, the Lower Rhine IHK represents the interests of around 70,000 member companies from industry, trade and services in Duisburg and the Wesel and Kleve districts. It sees itself “as a future-oriented service provider and is committed to promoting economic development and driving structural change.”
The complete report of the current economic survey on the Lower Rhine is available on the Internet at www.ihk.de/niederrhein/konjunkturbericht.
According to a report by rp-online.de, many companies in the Kleve district and the entire Lower Rhine region expect their business to deteriorate in the next few months. A current economic survey by the Lower Rhine Chamber of Industry and Commerce (IHK) shows that companies primarily criticize the economic policy framework and would like more impulses from politics.
According to IHK General Manager Stefan Dietzfelbinger, many important projects for the economy are stalled and companies need reliable statements and clear perspectives. Skepticism is particularly noticeable in industry, as only one in seven companies is optimistic about the future. Companies are also hesitant to invest, even though there is actually a lot of catching up to do after the pandemic and the energy crisis. The political back and forth, as with the energy or mobility transition, unsettles companies. Energy and raw material prices are cited as the biggest risks, with the shortage of skilled workers being the biggest concern so far. Other countries are becoming more attractive for investment, resulting in Germany being in recession and losing its good position in the economy. The chemical industry and steel production examine energy costs and general conditions particularly closely. For an economic recovery, it is important to reduce bureaucracy, plan and build more quickly and provide new space for the economy, emphasizes the managing director. This is also reflected in the declining IHK economic climate index, which fell from 103 to 96 points.
The Lower Rhine IHK represents around 70,000 member companies from industry, trade and services in Duisburg and the Wesel and Kleve districts and is committed to being a future-oriented service provider and driving force behind structural change.
Sources: According to a report by rp-online.de.
Read the source article at rp-online.de