This PPT slide, part of the 218-slide Business Model Design Report PowerPoint presentation, presents an analysis of the anticipated economic upturn and its implications for the construction market in Germany. It highlights that while GDP growth is expected, this will not translate into immediate growth for the construction sector. The graph illustrates nominal German GDP growth, showing fluctuations from 1999 to 2007, with a notable dip around 2002-2003.

Key points indicate that low interest rates, albeit with a strong Euro, along with growth in the US and UK, and increased international stability, are expected to contribute positively to the economy. However, the construction market faces significant challenges. The slide notes a projected negative growth of approximately -0.2% for the construction market in 2004, despite a nominal GDP growth of +1.5%.

Additionally, government spending on construction is expected to decline by 2.8% in 2004, influenced by savings programs. This reduction is compounded by the need to comply with certain economic criteria and the potential for tax cuts, which may further strain public investment in construction.

For potential customers, this analysis underscores the importance of understanding the disconnect between general economic indicators and sector-specific performance. The construction market may not benefit immediately from broader economic improvements, suggesting a cautious approach to investment and planning in this area. The insights provided here could inform strategic decisions regarding resource allocation and market entry timing.

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