\u201cA feeling of being at risk is particularly prevalent among travel agencies and tour operators, at 73.2 percent, as well as companies in the event industry, at 67.4 percent,\u201d says Klaus Wohlrabe<\/strong>, Head of Surveys at ifo.<\/p>\n In retail, 17.1 percent of companies spoke of a situation threatening their survival in December (June: 14.4 percent). \u201cThis is also a consequence of consumer restraint,\u201d Wohlrabe says. In manufacturing, only 5.7 percent of companies consider their survival threatened. As in June, the clothing industry is the most affected here (21.3 percent, down from 32.6 percent in June), as well as printing companies (21.3 percent).<\/p>\n <\/p>\n <\/p>\n <\/p>\n Source: ifo Institute<\/p>\n<\/section>\n <\/p>\n
In hospitality, the situation remains critical with more than half of the businesses feeling their existence is threatened: 52.5 percent of restaurants and catering businesses reported this to be the case (June: 55.4 percent). In the accommodation industry, the figure was 58.8 percent, up from 52.1 percent in June.<\/p>\n