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IfM Publications The economic downturn is not yet over

IfM Bonn's latest SME Barometer shows that an analysis of key figures such as turnover and profits indicates that the economic situation of small and medium-sized enterprises (SMEs) continued to improve in the second quarter. However, the bottom has not yet been reached, as the proportion of companies whose investments and profits have fallen remains higher than the proportion of companies whose investments and profits have risen.

The same applies when comparing the economic situation with SMEs in the eurozone: Although the gap between SMEs in Germany and those in the eurozone has narrowed, in contrast to SMEs in Germany, the proportion of SMEs in the eurozone that have recorded increases in turnover, profits and investments is higher than the proportion of SMEs where these three key figures have fallen.

For the IfM Bonn SME Barometer, researchers analyse the European Central Bank's Europe-wide survey regarding the key figures of turnover, profits and investments.

SME Development Barometer