The hope of a turnaround is fading in Saxony's skilled trades sector. The downward trend among businesses is continuing, according to the Saxon Crafts Day at the presentation of economic data. Only a third of companies still rate their own business situation as good. In spring 2019 - the last year without crisis mode - the figure was more than twice as high at 70 percent. All trades were affected.
"Businesses lack any confidence"
According to Andreas Brzezinski, spokesperson for the College of Managing Directors of the Association of Skilled Crafts, businesses lack any confidence that conditions will change. They have heard a lot of announcements from politicians, but none of this has actually materialized in everyday life. 30 percent of companies expected business to be worse in the coming months (2019: 7 percent). Only 16% believed there would be an improvement.