English, Article edition: Manufacturing Sector Plans Substantial Cuts in Investment for 2009. Results of the WIFO Spring 2009 Investment Survey Martin Falk; Andrea Kunnert; Gerhard Schwarz

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Manufacturing Sector Plans Substantial Cuts in Investment for 2009. Results of the WIFO Spring 2009 Investment Survey
Author
  • Martin Falk
  • Andrea Kunnert
  • Gerhard Schwarz
Physical Description
  • article
Notes
  • According to the results of WIFO's Spring 2009 Investment Survey, investment in manufacturing (at current prices) is expected to decrease by 15 percent in 2009. A detailed look at broad manufacturing industry groups shows that the fall will be most pronounced in motor vehicles with a decline of 46 percent in 2009 as compared to the previous year, followed by durable consumer goods ( 24 percent). The decrease is less pronounced in intermediate goods. In 2009, manufacturing firms will boost investment in hardware (by 17.7 percent) and software (+21.5 percent). According to the survey, manufacturing firms increased their investment in research and development (R&​D) (+2.5 percent) and for environmental protection (+1.1 percent) in 2008. The construction industry plans to reduce investment by 33.8 percent in 2009.
  • Investitionen Sachgütererzeugung Industrie Bauwirtschaft
  • RePEc:wfo:monber:y:2009:i:7:p:493-504
Language
  • English
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