© Statistisches Bundesland, VDMA

... industry association advises against too much euphoria: due to the relatively weak global economic environment and the drastic decline in investments in the fracking sector, it expects at best a slight increase in exports to the USA in 2016 (2015: plus 11.2% to EUR 16.8 billion). The association also notes that companies had a tailwind last year due to a falling euro exchange rate, which is likely to be lacking in the current period. However, the commitment of German mechanical engineering in America is not characterized by ...