This renewed decline is especially attributable to negative developments within the manufacturing industry and the service industry. In addition, export prospects cloud over. On the other hand, indicators for the hotel and catering sector, the banking and insurance sector as well as the construction sector send positive signals.

In the goods producing sector (manufacturing and construction), indicators on the competitive position and order backlogs are mainly responsible for its negative development. Furthermore, indicators for the development of production reinforce this signal. However, indicators for the development of production capacity curb this downward movement slightly.