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Economic survey

Structural change in the industry

Turnover from services reaches 166 billion euros

German industry is changing from a pure producer to a service provider: companies are increasingly focusing on product-related services such as consulting, assembly and maintenance. According to the ifo Institute, they generated more revenue in 2024 than the entire hospitality industry combined. Mechanical engineering, vehicle construction and the electrical industry are leading the trend.

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Economic situation

Every third company plans to cut jobs in 2026

The economic situation in Germany remains tense: A noticeable economic turnaround is not in sight; instead, the crisis continues. According to the latest economic survey by the German Economic Institute (IW), one in three companies is planning to cut staff in 2026. Companies are also reluctant to invest.

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