{"id":88159,"date":"2024-10-19T07:46:25","date_gmt":"2024-10-19T07:46:25","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/bad-mood-in-the-german-wood-industry-expectations-negative\/"},"modified":"2025-09-19T09:02:59","modified_gmt":"2025-09-19T09:02:59","slug":"bad-mood-in-the-german-wood-industry-expectations-negative","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/bad-mood-in-the-german-wood-industry-expectations-negative\/","title":{"rendered":"Bad mood in the German wood industry, expectations negative"},"content":{"rendered":"

The business climate in the German wood industry remained clearly negative in September 2024. <\/span>The current business situation and business expectations for the wood industry as a whole are equally negatively assessed by companies.<\/p>\n

However, business expectations for the next six months are worse than the assessment of the current situation in four out of six sub-sectors. In view of the numerous negative economic reports recently, companies seem increasingly pessimistic about a rapid economic recovery.<\/p>\n

From the HDH's point of view, this is mainly due to the declining demand for construction as a result of high construction costs, poor financing conditions and inadequate funding for new construction. The number of approved single- and two-family houses fell by 26.5% in the first seven months of 2024 compared to the same period last year and the number of multi-family houses fell by 23.2%.<\/p>\n

The significant drop in the inflation rate in Germany could have a positive effect in the coming months. The propensity to save, which rose again month, had a dampening effect on the recovery in the consumer climate. The slight improvement in the consumer climate is likely to have a positive effect on the development of the consumer-related segments of the wood industry in the coming months.<\/p>","protected":false},"excerpt":{"rendered":"

The business climate in the German wood industry remained clearly negative in September 2024. The current business situation and business expectations for the wood industry as a whole are equally negatively assessed by companies. 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