This growth trend has replaced a five-year stagnation phase. If this stagnation phase is taken into account, production of machinery industry has been growing by 0.8% per year since 2012.

The new Quest Economic Report uses Bollinger Bands for the first time, a statistical gauge of the fluctuation range of variables that is widespread in the financial world. The Bollinger Bands encloses 95% of all deviations of the values from the average of the last 12 months. Thus they make it possible to see at a glance whether the deviation of the current value from the average of the last 12 months have reached a stage that signals an economic boom or a crisis.

The current value of the production index is just 0.5 index points above the one-year average thus in the midst of the Bollinger Bands, currently far away from any extreme situation.

Sales in the German machinery industry sector are also in a growth trend that began in November 2014. In September 2018, it stood at 3.1% p.a. almost at the same level as production growth.

The current sales index is 112.6 and 3 index points above the average of the last twelve months.

The report about production and sales in German machinery industry is available on https://www.quest-trendmagazine.com/en/machinery-industry/production-and-sales/production-and-sales-of-machinery-industry.html

Another report quantifies by means of the Bollinger Bands the increasing fluctuation ranges of production and sales since the world economic crisis. The link to this report is https://www.quest-trendmagazine.com/en/machinery-industry/production-and-sales/production-and-sales-of-machinery-industry-since-2000.html

The Quest Trend Magazine analyses the growth expectations to 2020 of machine-builders, the worldwide export markets of machinery industry, the majority of its automation-relevant sectors and many aspects of its automation technology at the machines.