President: Dr. Eckart John von Freyend
Director: Professor Dr. Michael Hüther
Members of the Institute: Employers’ associations
and companies in Germany

IW Indicator of the Office Market

Office Market Remains Vital Even in Crisis

Current and regional market data are rare for real estate investors, especially regarding the office market. The newly developed office market indicator (BIBIX) of the IW Köln will remedy this drawback.

Legally Fixed Labor Costs Still Weigh Heavy

In 2008, total annual labor costs per full-time worker amounted to 56,090 euro in the West German industry. In East Germany the figure was 37,140 euro, one third less than in West Germany.

Resource-rich Countries are Winners

Between 2004 and mid-2008, the German manufacturing sector faced significant additional costs due to rising prices for natural resources. Spiraling energy prices and an oil price as high as 150 US-dollars per barrel put many companies under considerable pressure.

GDP Hitting Bottom

The world economy is in the midst of the worst recession since 60 years. The breakdown of exports has reached Germany as well. Germany’s real GDP will decrease by 4½ percent this year and grow by ½ percent in 2010.

Put in Perspective

The export success of the CEE countries Poland, Hungary, Slovakia and the Czech Republic is occasionally regarded as a major threat to industrialized countries like Germany.

Tuesday, February 09, 2010

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EIRO/EWCO-Articles

High costs of short-time working for companies
Fostering employment of older engineers in manufacturing sector
General election results fuel debate between social partners
Companies strive to maintain employment in economic crisis
Employers view apprenticeship pact positively despite crisis
Coalition deal gets mixed reactions from social partners

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