In December 2019, there was a slight increase in new orders in Germany, resulting in a cumulative decline of almost 4 percent for 2019 compared with the same period of the previous year. Incoming orders from abroad fluctuated even more strongly than domestic orders, but the overall balance is still significantly worse at -12.2 percent for 2020.
In December, domestic new orders fell for the ninth time this year and fluctuated quite strongly. From abroad they only increased in July, October, November and December. The overall balance of incoming orders and thus the outlook for the next six months therefore remains clearly negative at -6.9% from January to December 2019.
In Germany, incoming orders stagnated in November 2019, resulting in a cumulative decline of almost 5 percent by November 2019 compared with the same period of the previous year. Incoming orders from abroad fluctuated even more strongly than domestic orders, but the overall balance is even worse at -12.1 percent for the first 11 months.
The mechanical engineering companies in Hessen have a medium-sized structure. They were able to increase their employment by 2.4 percent in 2018. This was 0.7 percentage points more pronounced in the German mechanical engineering sector as a whole.
This month we are updating our privacy statement to better understand what information we collect and why. We have also taken steps to improve our features to protect your information and privacy.
There is no change to your current settings or how your data is processed. We have merely improved the explanation of our procedures and explain to you in more detail what options you have to update, manage and delete your data.
We take the protection of your personal data and their confidential treatment very seriously.
General information about the scope of processing of your personal data and about your data protection rights can be found at www.vdma.org/datenschutz.
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