{"id":58303,"date":"2023-12-01T20:22:53","date_gmt":"2023-12-01T19:22:53","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/covid-19-krise-liess-cash-flow-marge-in-der-heimischen-sachguetererzeugung-2020-erneut-sinken\/"},"modified":"2024-04-20T07:57:26","modified_gmt":"2024-04-20T05:57:26","slug":"covid-19-krise-liess-cash-flow-marge-in-der-heimischen-sachguetererzeugung-2020-erneut-sinken","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/58303\/","title":{"rendered":"COVID-19 Crisis Caused Cash Flow Margin in Domestic Manufacturing to Drop Again in 2020"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-58303","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"At 9.9 percent, the cash-flow-to-sales ratio in Austrian manufacturing in 2019 was still well above the long-term average of 9.6 percent. According to WIFO's econometric estimation models, the cash-flow ratio fell to 8.2 percent in 2020. Preliminary data support the picture of a decline and show a rate of 8.8 percent. The cash flow margin in 2020 is therefore likely to have been slightly lower than in the financial market and economic crisis in 2008-09. After the end recession caused by the COVID 19 pandemic and the health policy measures taken against it, earnings power is expected to rise in 2021.","onlinedate":"2021-08-31 12:00:00","lang":"German","publication_series":"","publication_date":"20210801","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Cash-Flow\",\"Eigenkapital\",\"Ertragskraft\",\"\u00d6sterreich\",\"COVID-19\"]","jelcodes":"[\"L22\",\"L25\",\"M21\"]","related_publications":"[]","pdf":247959,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"94","monthly_report_pages":"597-607","monthly_report_pages_sort":"597","issue":"8","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2021-08-31 00:00:00","types":[44312],"research_groups":[3491],"collaboration":"","persons":[3587,3762,12159],"persons_data":"[{\"personId\":3587,\"personName\":\"Klaus S. Friesenbichler\",\"organisationNames\":[]},{\"personId\":3762,\"personName\":\"Nicole Schmidt-Padickakudy\",\"organisationNames\":[]},{\"personId\":12159,\"personName\":\"Arash Robubi\",\"organisationNames\":[\"Austrian Institute for SME Research\"]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[\"Peneder Michael\"]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>COVID-19 Crisis Caused Cash Flow Margin in Domestic Manufacturing to Drop Again in 2020 - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/58303\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COVID-19 Crisis Caused Cash Flow Margin in Domestic Manufacturing to Drop Again in 2020\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/58303\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-20T05:57:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/58303\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/58303\\\/\",\"name\":\"COVID-19 Crisis Caused Cash Flow Margin in Domestic Manufacturing to Drop Again in 2020 - 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