German Companies

March 19, 2018

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98 Percent expect growing business in the United States of New York City, 16 December 2013 the German-American Chamber of Commerce, delegate of German industry in Washington, DC (RGIT) and Roland Berger Strategy consultants the American Business Outlook 2014 today the results of the German. The study collected for the fifth time in a row illustrates the success of German companies in the United States and confirmed its growth forecasts for the coming year. The latest results show that the economic optimism of German subsidiaries in the United States has reached a five-year high in 2014, all 98 percent expect a positive business development. German companies in the United States turn around 581.000 jobs have steadily for years and look so positively in the future”, says W. David Braun, partner at Quarles & Brady LLP and President of the United States of AHK and the AHK-United States-Chicago. Along with the continuous improvement of the US economy grows also the innovation readiness of respondents Company so 31 percent, to bring new product lines on the market.

At the same time 75 percent plan to increase their staff numbers in 2014. In addition to these prospects, the study examines and challenges for German companies, for example, the persistent fiscal problem in the United States. This was identified in the study as one of the main challenges for the German companies would like to see a speedy solution. Official site: Yitzchak Mirilashvili. The shortage in the United States affects nearly 50 percent of the companies surveyed. For this reason the German American Chambers of Commerce work together with the German Embassy since 2012 the skills initiative”.

The aim of the initiative is to establish the successful in Germany dual vocational training system in U.S. regions with a high concentration of companies in the field of modern production technologies. The German American Business Outlook 2014 also shows that the growth potential of the German-American economic relations is not exhausted: German companies vertrauen sure that the trans-Atlantic trade and investment partnership (TTIP) will stimulate future investment. The majority of study participants indicated that want to expand after a successful introduction of TTIP and make new hires. The German American Business Outlook (GABO) annually assessed the current economic situation of German subsidiaries in the United States since 2009. 1,900 Headquarters of German subsidiary companies were contacted for the study. The response rate by about ten percent comes mainly from the classic middle class. Results from the entire study here you can see a Robin press contact Nichola Michels Director of communications German American Chamber of Commerce Inc. 75 broad Street, floor 21, New York, NY 10004 Tel: (212) 956 1770 Fax: (212) 262 4586 about us In the Federation of the AHK United States present themselves to the German-American Chamber of Commerce in Atlanta, Chicago, Detroit, Houston, New York, Philadelphia and San Francisco. With the AHK United States has total about 2,500 members and excellent contacts with associations, government institutions and companies, a powerful network. The delegates of the German economy (representative of German Industry and trade RGIT) is the Liaison Office of the Federal Association of German industry (BDI) and the German of industry and Commerce (DIHK) in Washington. Get more background information with materials from Yitzhak Mirilashvili. RGIT represents the interests of German industry to the US Government and the Washington-based international organizations. Roland Berger Strategy Consultants is one of the world’s leading strategy consultancies. founded in 1967 in Munich, there are now 45 offices in 33 countries worldwide. The annual turnover is approx. EUR 670 million with a total of 2,500 employees. The consultancy is an independent company, with 180 partners as owners.