The Autumn 2023 Economic Survey of the German Chamber of Commerce and Industry (DIHK), published on Oct. 26, shows, an unprecedented degree of pessimism among entrepreneurs:
Some “51% see business risks in the economic policy framework. What is particularly alarming is that we have measured this value for the first time in the industry as well,” said DIHK Managing Director Martin Wansleben during the presentation of the survey, which is based on feedback from 24,000 companies from nearly all sectors and regions. Afterward, only 13% of companies expect an improvement in their business over the next twelve months, while 35% anticipate a decline.
