welt.de
Record Pessimism Among Thuringian Businesses
A survey of Thuringian businesses reveals record-high pessimism, with almost half expecting economic downturn in the coming months due to low order books and profit expectations; economic recovery is not expected until 2026.
- How are Thuringian businesses responding to challenges such as energy price increases, skilled labor shortages, and geopolitical uncertainties?
- The subdued assessment reflects a challenging economic climate marked by low order books, reduced profit expectations, and a decline in production and investment for 25% of businesses. This challenges the state's largely small-business economy, with only around 300 companies employing over 250 people.
- What is the primary cause of the unprecedented pessimism among Thuringian businesses, and what are its immediate economic consequences for the region?
- Thuringian businesses show record pessimism, with nearly half expecting economic decline in the coming months. This is the most pessimistic assessment since 2010, driven by low order books and profit expectations. Only 12 percent anticipate increased orders compared to last year.
- What long-term structural changes are implied by the current economic situation in Thuringia, and what are the potential implications for the region's economic future?
- Despite the pessimism, businesses are actively retaining staff, facing ongoing challenges of skilled labor shortages and the need for rapid recruitment. Economic recovery isn't expected until 2026, highlighting the sustained impact of current economic headwinds. The majority of companies are adapting business models to address challenges such as rising energy costs and geopolitical risks.
Cognitive Concepts
Framing Bias
The narrative frames the economic situation in Thuringia predominantly negatively. The headline (not provided but implied by the text) would likely reflect this pessimism. The repeated use of terms like "pessimistic," "crisis mode," and "stagnation" sets a negative tone. The inclusion of quotes from business leaders reinforcing this negativity further strengthens the framing.
Language Bias
The language used leans toward negative connotations. Words such as "pessimistic," "angespannte Auftragslage" (strained order situation), and "Krisenmodus" (crisis mode) contribute to a pessimistic tone. While factual, these choices shape the reader's perception. More neutral terms like "cautious outlook," "challenging order situation," and "period of economic uncertainty" could be considered.
Bias by Omission
The article focuses primarily on the pessimistic outlook of Thuringian businesses, but omits potential counterpoints or positive economic indicators. While acknowledging the challenges, it doesn't extensively explore successful adaptation strategies or sectors experiencing growth. The lack of diverse perspectives might limit the reader's understanding of the economic situation's complexity.
False Dichotomy
The article doesn't present a false dichotomy, but it heavily emphasizes the negative aspects of the economic situation, potentially underrepresenting more optimistic viewpoints or nuanced perspectives.
Sustainable Development Goals
The article highlights a pessimistic outlook among Thuringian businesses, with nearly half expecting a worsening economic situation. This directly impacts decent work and economic growth, as reduced economic activity leads to job insecurity, lower wages, and potential job losses. The high number of open positions contrasts with rising unemployment, suggesting a skills mismatch and challenges in filling available jobs. The focus on retaining employees and the difficulties in attracting and training new talent further emphasizes the strain on decent work and economic growth.