Economic Struggles in Oberberg Region

The recent IHK business survey highlights a troubling economic scenario in the Oberberg region. Companies face declining orders, reduced investments, and significant job cuts.

Approximately 41% of businesses report poor conditions, while 56% experience a drop in orders. Only 14% plan to expand their workforce.

Financing issues affect one in five companies, exacerbated by skilled labor shortages, high costs, and bureaucratic hurdles. The employment indicator shows a negative trend, with recession fears looming.

Many businesses are cutting temporary staff to cope with the downturn. There is a prevalent call for stable economic policies, with businesses urging against increased taxes on commercial properties.

The economic climate reflects structural challenges, demanding immediate attention to foster recovery and growth.