Press release September 21, 2022

› Baden-Württemberg

On the brink of recession (in German).

According to the current nowcast of the IAW and the University of Hohenheim, Baden-Württemberg's gross domestic product (GDP) stagnated in the third quarter of 2022 compared to the second quarter. Slightly positive growth is forecast for the subsequent quarters (see appendix). Thus, the Baden-Württemberg economy does not yet appear to be entering recession in 2022. However, this result is on a knife edge in view of great uncertainties.

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