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Industry, Manufacturing

In brief

Industry, manufacturing

Manufacturing comprises the production of goods which are subsequently used as materials and supplies, investment goods, and durable or non-durable consumer goods. Included are industrial and crafts-based production as well as repair and installation of machinery and equipment.
The surveys in manufacturing generally cover enterprises with 20 or more employees, and whose main activity is manufacturing, as well as all local units of those enterprises, irrespective of their size. Also included are the manufacturing local units with 20 or more persons employed which are part of enterprises whose main activity is not manufacturing. Below the cut-off threshold of 20 persons employed, an additional survey is conducted among small enterprises. The surveys also cover enterprises of mining and quarrying. The monthly short-term surveys cover only local units with 50 or more persons employed.

Current

New Orders

New orders in February 2015: -0.9% seasonally adjusted on the previous month

Price-adjusted new orders in manufacturing in February 2015 decreased a seasonally and working day adjusted 0.9% on January 2015 (following a corrected –2.6% in January 2015 on December 2014). Domestic orders in February 2015 recorded no changes to the previous month, foreign orders decreased by 1.6%. As regards the direction of trade in foreign transactions, new orders from the euro area were down 2.1% on the previous month, and new orders from other countries declined by 1.3%.

Production index

Production in February 2015: +0.2% seasonally adjusted on the previous month

In February 2015, production in industry was up by 0.2% from the previous month on a price, seasonally and working day adjusted basis according to provisional data. In January 2015, the corrected figure shows a decrease of 0.4% (primary + 0.6%) from December 2014. In February 2015, production in industry excluding energy and construction was up by 0.5%. Within industry, the production of intermediate goods increased by 0.2% and the production of capital goods by 1.2%. A decrease of production was recorded for consumer goods (-0.3%). Energy production was up 1.2% on the previous month while production in construction fell by 3.1%.

Turnover

Turnover in February 2015: -0.7% seasonally adjusted on the previous month

On the basis of provisional data, the manufacturing sector saw turnover fell in real terms adjusted for seasonal fluctuations and working-day variations 0.7% in February 2015 compared with January 2015. In January 2015, it had increased a corrected +0.8% (primary +1.1%) from December 2014.
In February 2015, domestic turnover decreased by 1.3%, the business with foreign customers declined 0.2%. Sales to euro area countries were 1.4% above preceding month’s level, while sales to other countries went down 1.3%.

Employees

Number of employees in February 2015: +1.2% year on year

At the end of February 2015, 5.3 million people worked in local units of manufacturing with 50 or more persons employed in Germany. On the basis of provisional results, that was a rise by about 61,000 persons or 1.2% against February 2014.
The number of hours worked in February 2015 decreased 1.7% from a year earlier, reaching 676 million – at equal numbers of working days. The earnings amounted to 19.9 billion euros; that was 3.2% more than in February 2014.

Investments

Industry invests 56.5 billion euros in tangible fixed assets in 2013

German industrial enterprises with 20 or more persons employed invested 56.5 billion euros in tangible fixed assets in 2013. This was a decrease of about 0.5 billion euros or 0.8% on 2012.

The highest investments in 2013 were made in the Manufacture of motor vehicles, trailers and semi-trailers branch (13.8 billion euros).

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