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VDMA is reaffirming views that German machinery orders will increase 14 percent this year in spite of the cooling world economy. However, VDMA is also forecasting a 4 percent increase for next year. VDMA was also critical of the German government's actions regarding the Euro. Click here for more information.
VDMA reported that German Machinery Orders were up 9 percent in July. This is a bit of good news in the midst of considerable economic uncertainty.
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 AuthorJohn L. Watkins is the principal of Watkins Law and Mediation LLC. He represents select group of machinery manufacturers and suppliers in negotiating and drafting supply contracts, terms and conditions, NDAs and related documents. Archives
September 2017
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