Particle.news

Download on the App Store

Berlin's Craft Sector Faces Record Decline in Orders Since 2008/09 Crisis

Despite a sharp downturn, nearly 90% of businesses report satisfactory conditions, with construction and automotive trades showing resilience.

Image
Image

Overview

  • The Berliner Handwerkskammer confirms the craft sector's order volumes are at their lowest since the 2008/09 financial crisis.
  • Almost one-third of businesses have experienced a decline in orders, and over a quarter expect conditions to worsen in the next six months.
  • Workforce issues persist, with one in five businesses reporting insufficient staffing and one in four losing employees in the past six months.
  • Construction and automotive trades have stabilized, with positive performance indicators following last spring's sharp drop in orders.
  • Nearly 90% of surveyed businesses still rate their current situation as at least satisfactory, with one-third describing it as good.