Economic figures for 2019: greeting from another time

The Frankfurt economic development has helped in the past year with the establishment of twelve companies. This was compared to the year before with 22 settleme

Economic figures for 2019: greeting from another time

The Frankfurt economic development has helped in the past year with the establishment of twelve companies. This was compared to the year before with 22 settlements of nearly half. The number of this in the main metropolis created jobs actually fell by three-quarters, from 847 to 210,. For justification, it was said at the presentation of the Figures on Thursday, it had been given in the past year, a downturn in the economy, in addition, the counting method had been changed, and finally, in 2018, was an exceptional year, because of the settlement of Michelin at the airport have arranged for 250 jobs. The French Tire company had moved its European headquarters from Karlsruhe in the office and hotel building The Squaire.

Manfred Köhler

Deputy Department head of the Regional section of the Frankfurter Allgemeine Zeitung and editor of the business magazine Metropolitan.

F. A. Z.

Finally, as highlighted economic, Markus Frank (CDU) and Oliver Schwebel, Director of the economic promotion of the forth head of the Department, on paper, there was in Frankfurt, simply to areas for new businesses that wanted to create not just offices. "Surfaces are a worse bottle neck," said Frank. He confirmed that they have agreed to the magistrate on the creation of a commercial area at the Zurich street in Nieder-Eschbach. This is part of the updating of the commercial development programme, 2004. The new territory is an important Signal that the city wool more for commercial jobs involved. The Department of economic development Director mentioned, it is a promotional campaign for the industry in the main metropolis was planned.

New record in the employees

Despite the difficulties in the siting of new establishments, Frank and Schwebel were the last good Figures on the development of the Frankfurt economic present. In the past year, the number of employees subject to social insurance continued to grow to 18.200 on 60.2400, a new record. Looking at the period from 2013 to 2019, the growth was even 86.200. The most important growth driver was the last the IT industry with a profit of 4700 to 39.800 Workers by 2018 to 2019, but also in the financial space gained – probably due to the Brexits – even slightly, of 75.600 on 77.300 Employees. Only in the logistics, there was no build-up of jobs, in all sectors of the economy.

The year-long upward trend, which went hand in hand with an increase in population numbers, is likely to be this year abruptly came to a standstill. "A greeting from another time," said Frank, as he presented the Figures from 2019. But the city went with a good infrastructure and well-trained people in crisis, and give Confidence, quickly able find out.

Updated Date: 30 July 2020, 14:20

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