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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 March 2015: +0.9% seasonally adjusted on the previous month

Price-adjusted new orders in manufacturing in March 2015 increased a seasonally and working-day adjusted 0.9% on February 2015. In February 2015, they decreased by 0.9% on January 2015, as already reported in the previous month. In March 2015, domestic orders increased 4.3% and foreign orders decreased 1.6% on the previous month. As regards the direction of trade in foreign transactions, new orders from the euro area were up 2.5% on the previous month, while new orders from other countries declined by 4.0%.

Production index

Production in March 2015: -0.5% seasonally adjusted on the previous month

In March 2015, production in industry was down by 0.5% from the previous month on a price, seasonally and working day adjusted basis according to provisional data. In February 2015, the corrected result showed a production volume remaining on the same level as in the previous month (primary +0.2%). In March 2015, production in industry excluding energy and construction fell by -0.8%. Within industry, the production of capital goods decreased by 1.4% and the production of intermediate goods by 0.8%. An increase of production was recorded for consumer goods (0.7%). Energy production remained at the same level of the previous month while production in construction increased by 2.1%.

Turnover

Turnover in March 2015: -1.0% 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 1.0% in March 2015 compared with February 2015. In February 2015, it had decreased a corrected –0.8% (primary –0.7%) from January 2015.
In March 2015, domestic turnover decreased by 0.1%, the business with foreign customers declined 1.9%. Sales to euro area countries were 1.7% below preceding month’s level, sales to other countries went down 2.0%.

Employees

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

At the end of March 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 63,000 persons or 1.2% against March 2014.
The number of hours worked in March 2015 increased 4.4% from a year earlier, reaching 739 million – here it has to be considered that there was one working day more than in March 2014. The earnings amounted to 21.1 billion euros; that was 4.9% more than in March 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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