Northeast Lower Saxony: Entrepreneurs see dark future despite hope
Northeast Lower Saxony: Entrepreneurs see dark future despite hope
In Northeast Lower Saxony, the mood among companies is not exactly rosy. Contrary to hopes for a turn in the regional economy, the current IHKLW business survey shows that many companies face major challenges. High energy and labor costs, increasing tax burden and bureaucracy slow down the growth. Lueneburg currently reports that the economic climate indicator for the second quarter of 2025 is 94 points. This is two points above the average of Lower Saxony, but still well below the 106 points before the start of Coronapandemia.
A total of 674 companies from the Harburg, Heidekreis, Lüneburg, Lüchow-Dannenberg, Uelzen and Celle districts were interviewed. The result remains sobering: 24% of the companies rate their business as good, while 53% assess it as satisfactory and report 23% of a bad situation. The companies are particularly concerned about the economic policy framework, which 58% of the participants see as a top risk.
industry overview: Where does the economy?
While the service industry feels a slight upward and increased by 11 points to 98 points, wholesale suffers from a dramatic decline. Here the economic climate index fell 14 points to just 72 points, influenced by weak domestic demand and increasing labor costs. In industry, many companies show dissatisfaction with the current business situation, but there are also more optimistic forecasts for the next twelve months, which rose the index by 4 points to 93 points.
How the Kreiszeitung Wochenblatt further reports, the sunken economic climate indicator of 76 points corresponds to the stand that the region according to the Ukraine war February 2022 experienced. Only 20% of the companies rate their situation as good, while almost 50% are satisfied with a satisfactory situation and 30% report on a poor situation. The outlook for the coming months is also dark: 43% of the companies fear business losses, only 10% believe in an improvement.
shortage of skilled workers and high costs
The general manager of the IHKLW, Michael Zeinert, names the high energy costs, the increased prices for preliminary products, the increasing labor costs and the shortage of skilled workers as special challenges for companies. The serious bureaucracy tendrils and an unclear legal situation cannot be overlooked. The IHK Lower Saxony points out that the mood in the industry remains tense and that the companies have to expect uncertainty. The situation is particularly critical in wholesale, which has suffered a further significant decline with only 45 points in the economic climate index.
The more urgent reforms are necessary, as Zeinert emphasizes in order to restore innovative strength and competitiveness in the region. The demand for a clear economic policy agenda is getting louder, but the companies have little hope of quick changes.
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| Ort | Lüneburg, Deutschland |
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