The survey results indicate that the investments realized and planned to be realized in the manufacturing industry this year will increase compared to 2022.
Some explanations were made regarding the survey results:
"Investment Tendency Statistics for the Fall 2023 period were produced by aggregating the responses of 1727 enterprises operating in the manufacturing industry to the investment tendency questions asked within the scope of the Business Tendency Survey.
According to the Fall 2023 survey results, it is projected that the investments made so far in 2023 and the investments planned to be made in the last period of the year will increase in 2023 compared to 2022.
When the change in 2023 investments compared to the previous year is analyzed by size groups of establishments, it is observed that an increase is expected in all size groups and the lowest increase is expected by establishments with between 250 and 499 employees.
Across the manufacturing industry, investments projected to be made in 2024 are expected to increase compared to 2023. Investment expenditures are expected to increase in 2024 by all size groups, but the increase is expected to be quite low for establishments with between 250 and 499 employees.
When investments are analyzed according to their objectives, it is observed that investments in the manufacturing industry in 2023 are mostly aimed at increasing productivity in production, followed by replacement of worn-out facilities and equipment, increasing production capacity and other investment objectives, respectively.
According to the evaluation by size groups of establishments, investments in 2023 are mostly aimed at increasing productivity in production for establishments with 500 or more employees, while for all other size groups, investments are mostly aimed at replacing worn-out facilities and equipment.
In 2024, investments across the manufacturing industry are projected to be mostly aimed at increasing productivity in production, followed by replacement of worn-out plants and equipment, increasing production capacity and other investment targets, respectively.
An analysis of the factors boosting investments for 2023 and 2024 reveals that the demand factor is the most important factor affecting investments in the manufacturing industry in an upward direction. When the long-term averages of the factors that increase investments are analyzed, it is observed that the share of the demand factor has decreased in recent years, while the share of other factors has increased."
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