German wood industry remains pessimistic in December 2024

The mood in the German wood industry continued to deteriorate in December 2024. The Main Association of the German Wood Industry (HDH) economic indicator fell for the second time in a row. While companies rated the current business situation somewhat better than in the previous month, medium-term expectations for the next six months were significantly more pessimistic. Given the different levels of impact on the individual segments, the mood in the wood industry remains mixed. Companies in prefabricated wood construction assess the business climate as cautiously negative, while the mood in the wood packaging industry, the furniture industry ...

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