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Hanover (dpa / lni) - Lower Saxony's economy is picking up speed again in important areas such as industry - but concerns remain great because of the second shutdown.

35 percent of the participants in a survey by the Chambers of Commerce and Industry (IHKN) from the last quarter of 2020 expect a negative trend in the coming months.

As the chambers explained to the results on Thursday in Hanover, there had been slightly less pessimistic responses in the previous quarter (33 percent).

Meanwhile, 49 (previous quarter: 51) percent still expect the development to remain the same.

An unchanged 16 percent forecast better business overall.

The current situation is judged to be more stable, especially in the manufacturing sector with the automotive and mechanical engineering sectors.

According to the IHKN, the corresponding index for the business situation improved significantly for industry in the final quarter of 2020.

Incoming orders and investment plans have increased - but the shortage of microchips is particularly troubling for automobile manufacturers and suppliers.

The retail trade is completely different: since the beginning of the new lockdown, the situation outside of the supermarkets, drugstores and pharmacies that are still open has been tantamount to an “economic catastrophe”.

Gastronomy, tourism, the trade fair industry and organizers would continue to struggle hard.

IHKN General Manager Maike Bielfeldt emphasized: “The mood is changing in many industries and fluctuating between frustrated and increasingly desperate.

The financial support must be given now, vaccination must be carried out as quickly and comprehensively as possible. "

The overall indicator for the economic climate in Lower Saxony climbed slightly by 2 to 91 points.

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© dpa-infocom, dpa: 210121-99-118552 / 2