We hope that 2023 has been a good year for you and your business! As we observe a 5.2% GDP in the third quarter, it seems excellent, indicating that money is still available for spending. However, considering the Manufacturing Index and other indicators, the consensus for 2024 places it in the 2% range. This is better than the German forecast at -0.4%, considering Germany as the engine for the EU. It's challenging to pinpoint a decisive factor, but being in the finance or social media business offers some advantages, while the rest may find themselves somewhat stuck at the 2% mark.
Use This Link - to view the performance of different Sectors
Use This Link - to view the forecast for 2024.
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