As of: February 23, 2024, 6:00 a.m
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Entrepreneurs in the Oberland criticize the economic policy (symbolic image).
© Westend61/Imago
The economy is stagnating and there is no optimism in sight: According to the IHK, companies in the Oberland see the greatest risk in economic policy.
District – The economy in the Oberland is not picking up speed in the new year either.
The regional IHK economic index, for which companies in the districts of Bad Tölz-Wolfratshausen, Garmisch-Partenkirchen, Miesbach and Weilheim-Schongau were surveyed, is stagnating at 103 points and is therefore still well below the long-term average of 119 points, like the IHK for Munich and Upper Bavaria.
The companies rate their current business situation even worse compared to the last survey in autumn: Overall, 44 percent of companies describe their situation as good, 18 percent are dissatisfied.
The problem of the general lack of demand continues to worsen and now affects 55 percent of all companies in the Oberland.
Almost half of the companies continue to see the lack of staff as a problem.
Companies remain cautious when it comes to employment plans
Pessimism continues unabated when it comes to business expectations: only 15 percent of companies expect their business to improve, while 31 percent expect it to worsen.
The economic policy framework not only remains the most frequently mentioned risk, but is also increasing the most of all risks - namely from 63 percent to 70 percent.
Only 18 percent want to expand their investments, 20 percent plan to reduce them.
19 percent do not intend to invest at all.
Companies remain cautious with their employment plans: the number of companies that want to hire staff remains constant at 15 percent, while 23 percent want to cut jobs.
Companies need better economic policy framework conditions
“Unfortunately, the mood did not improve at the beginning of the new year,” said Klaus Bauer, spokesman for the IHK Forum Oberland Region.
“This must be a clear signal for everyone.
The desire for entrepreneurship is still there, but in order for innovations and new business models to fully develop, companies need better economic policy frameworks.”
There needs to be an end to the flood of bureaucracy and a stop to new requirements and reporting obligations for companies.
“Instead of regulating everything on a small-scale basis, the credo must be: Just let companies do their thing.” There is also a need for competitive corporate taxes and a tax policy that enables more private investment.
And finally, speed up the energy transition, i.e. speed up approval and planning processes.