Expected output growth of 6 percent
VDMA machinery increased forecast again
Because of the unexpectedly strong order intake in the German mechanical engineering and plant building industry association VDMA its production forecast for 2010, plus 6 percent increase.
Only in July, the plant builders had increased its forecast of a "black zero" to plus 3 percent. As a reason for another increase in the association called the extraordinarily good orders "in recent months. Thus, the backlog in June 2010 amounted to an average of 5.2 months 4.6 months in October 2009.
"Exports grew in the first half deflated" by 3.5 percent, said VDMA-CEO Dr. Hannes Hesse. "The boom is now carried by more and more countries, with the biggest boost coming from American and Asian developing and emerging economies." In July 2010, the average plant capacity utilization rate was previously 82.9 percent after 69.2 percent a year.
Also in terms of employees, the trend has been reached: "In June, the number of permanent employees in engineering after exactly one year of employment reduction, and indeed for seasonal reasons, by a good 2000 to 904 000," said Hesse. "Compared to last year's staff declined by only 3.5 per cent." Particularly encouraging, it evaluates the VDMA, showed that all the specialist branches of its order statistics in the period May to July 2010 over the previous year a plus.