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Far most of the money is made outside of the country. Is t w business im in. Germany seems to be heading towards a recession the countrys chemical engineers carmakers component suppliers they all are in a Crisis Companies have seen a profit slump and are considering job cuts or switching to short time work is just this weeks headlines from the German Economy so far automotive supplier continentals net profits slumped 41 percent in the 2nd quarter competitors scheffler and boss lowered earnings expectations as well some firms even slipped into the red Steel Companies are struggling with falling demand to tis uncalled for example is expected to report a slump in earnings exporters are feeling the squeeze from growing trade tensions between the u. S. And china and brags it has prompted many firms to hold fire on plant investments. Now the past few months these clouds have been gathering over the German Economy it appears the country is really heading towards an actual recession in june th

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