The German machinery and equipment industry encountered a hurdle at the onset of the year, as highlighted by recent statistics from the German Engineering Federation (VDMA). January witnessed a tangible 10% decline in order intake compared to the previous year. Both domestic and foreign orders saw a downturn of 11% and 9%, respectively. Of particular concern is the pronounced 19% drop in orders from Eurozone countries, suggesting potential challenges within the region. These figures underscore the need for strategic measures to navigate through the evolving landscape.

So far the green commies are right on track getting to net zero sooner than even I thought