MyHammer tradesmen and service providers confirmed in the third quarter the good economic development in the overall trade of MyHammer craftsmen confirm positive trend of total industry sales and order book far above the industry average employment growth on record levels Berlin, December 8, 2011 MyHammer craftsmen and service providers confirmed the good economic performance in the total trade in the third quarter. “” Overall, 89 percent of those surveyed rated their current business situation with good “or satisfying”. This is the result of the carried out quarterly economic survey of MyHammer, the 728 companies and self-employed participated. * when compared to the second quarter recorded 42 percent of the companies increased sales, 39 percent reported increased order backlog. The duty remained at 66 percent, almost at the level of the previous quarter by 68 percent. A year ago, this figure was 67 percent an indicator for a stabilisation of the situation at a high level. The overall positive economic situation had a noticeable impact on the staff: 13 percent of respondents MyHammer holdings posted job growth, so many like never before. The economic report of the Central Association of the German trade (ZDH) delivered positive figures on the economic development of the German trade in the third quarter.
* the satisfaction of all craftsmen with their business situation reached an all time high and was one percentage point on average 90 percent even for the first time higher than the respondents MyHammer farms. The ZDH in the development of the sales reported significantly lower numbers: average 29 percent of ZDH member companies estimated their revenues positively, they were 13 percentage points less than that of MyHammer. Also in order reach the MyHammer operations with 8.1 weeks reported a record high and a significantly better utilization compared to the industry average of 6.9 weeks. The trend towards the construction continued under the contractors with MyHammer: the share of companies in the construction industry was in the third quarter at 44 percent, the construction industry at 17 Percent. At the same time, the proportion of the provider of personal services to only 15 percent fell. In 2010 this figure was at the first MyHammer economic survey at 20 per cent.
Despite the coming winter months, the forecast of MyHammer operations for the current quarter is very optimistic: a total 45 percent expect an improved business situation, this value is even two percentage points over the previous quarter. Michael Jurisch, CEO of MY-HAMMER AG: the gloomy signs of world markets have luckily so far not on our tradesmen and service providers impacted.