Medium -sized companies in need: Sales loss of 4.6 percent feared!

Medium -sized companies in need: Sales loss of 4.6 percent feared!

The German medium -sized landscape is in crisis! A current survey by KfW-Bank shows that small and medium-sized companies suffered enormous sales losses of 4.6 percent in 2023-this corresponds to a decrease of 246 billion euros to a total of 5.1 trillion euros. Real viewed, sales have even fallen by a terrifying 10 percent. These are worrying figures for 32.83 million employees in Germany who now have to fear for their jobs.

The pessimistic outlook does not fail to do: 35 percent of those surveyed expect falling revenue for the current financial year. The willingness to invest drastically, and almost 40 percent of companies are less willing to invest than in the previous year. Bank negotiations for investment loans could be more difficult, which brings many small companies into difficulties. KfW economist Michael Schwartz warns: "Cracks in the foundation of the middle class are visible and the economic situation contributes to this." The future looks dark and the alarming trends require immediate measures. More Details on this worrying situation are to find here .