The industry report gives a detailed overview of Bavarian industry, its development as well as the sectoral, size-specific and area profile. Beside information about the manufacturing industry, the documentation contains analyses on the 24 largest branches of industry in Bavaria as well as the construction industry, further single interpretations of the industry in the bavarian administrative regions and the innovation activities of Bavarian industry.
Beside general information on the structural importance of the manufacturing industry in Bavaria, the industry report contains, for all branches and administrative regions, descriptive presentations and interpretations of selected economic data, providing an extensive overview of the major developments in Bavarian industry for the year 2003.
The data for the analysis of the industry branches and the administrative regions pre-dominantly derive from the monthly and annual statistical reports on the Bavarian Manufacturing Industry in 2003 (and 2004), as well as on the Production of the Bavarian Manufacturing Industry in 2003 (and 2004) of the Bavarian State Office of Statistics and Data Processing. For the examination of innovation activities of Bavarian companies, the data from the Ifo Innovation Survey are used. The Ifo Institute has conducted a standardised, annual survey of innovation activities of enterprises in Germany and their determining factors since 1979.
Developments in 2003:
After a weak first half year in 2003, the economic situation gradually stabilized over the rest of the year, but it did not escape the nationwide development, despite its sound and well-balanced foundations. On an annual average, the total revenue of the Bavarian manufacturing industry increased by 0.7% (Germany 0.6%), whereas the number of employees decreased by 1.9% (Germany -2.6%). In contrast to the industry average a positive employment trend was noticed in the aero-space industry (+6.1%), the automo-tive industry (+2.0%) and the food industry (+0.9%). At a level of 44.3% the export ratio outperformed the quota of the previous year again, and it was 11.4% above the level of 1995. In Bavaria the development of the demand for industrial goods was more favorable than the nationwide average. Measured in terms of the value-index, the Bavarian manufac-turing industry reported an increase in orders of 2.1%, after an increase of 3.1% in 2002. In line with the results of the Ifo Business Survey the companies operated at 84.5% of their full capacity, which was an increase of 1.4% on the previous year.
Developments in 2004:
During the first three quarters of 2004 the economic situation gained momentum in comparison to the preceding year. From January till September 2004, revenues in-creased by 7.5% (domestic +5.9%, foreign +9.5%). Especially the engineering industry, the automotive industry and the metal generation and metal processing industry achieved substantial gains in total revenue. The labor market has not yet been able to profit from any spillovers of this positive development.
Industriebericht Bayern 2004; publisher: Bavarian Ministry of State for the Economy, Infrastructure, Traffic and Technology
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