The increases in the order books of German machinery builders may have the culmination of the crisis has passed. From Germany came in August, 30 percent more jobs than a year ago, from abroad, the increase was 55 percent. According to the industry association VDMA, the order volume in August but in real terms by 45 percent versus the same month last year. In July, the growth rate was as high as 48 percent. In June the growth was achieved with 62 percent, the highest level this year.
In less influenced by short-term fluctuations in three-month comparison June to August 2010 was the increase in orders as specified by the Association of German machinery and Plant for a total of 52 percent. The Domestic orders were up by 45 percent and foreign orders by 56 percent. An alternative may be used equipment, since it is cheaper and immediately available.
VDMA-cycle expert Olaf Wortmann called the numbers "are still very significant." There were monthly variations in mechanical engineering and over again. "But the whole world is waiting in principle to a slowdown, which may be a harbinger," said Wortmann. The association, however, expect in the foreseeable future, only to slow the continued increase in seven months, but not with a decline in new orders.
In less influenced by short-term fluctuations in three-month comparison June to August 2010 was the increase in orders as specified by the Association of German machinery and Plant for a total of 52 percent. The Domestic orders were up by 45 percent and foreign orders by 56 percent. An alternative may be used equipment, since it is cheaper and immediately available.
VDMA-cycle expert Olaf Wortmann called the numbers "are still very significant." There were monthly variations in mechanical engineering and over again. "But the whole world is waiting in principle to a slowdown, which may be a harbinger," said Wortmann. The association, however, expect in the foreseeable future, only to slow the continued increase in seven months, but not with a decline in new orders.
