Emeritus Prof Christopher May on Nostr: Given Germany's oft-celebrated focus on manufacturing as an engine for its economic ...

Given Germany's oft-celebrated focus on manufacturing as an engine for its economic success, as you can imagine the fact that over the last seven years output has been shrinking might be cause for some alarm.... and indeed it is.

So, is this a medium-term blip while the country transitions to new specialisms (green tech); or

an indication Germany has joined other developed countries in a move from manufacturing to services; or

a sign of amore serious economic malaise?

#Germany #economics