German American Business Outlook

The German American Business Outlook (GABO) is an annual survey of German-American business relations directed at over 2.500 German subsidiaries in the US assessing current economic developments and trends in transatlantic business.

© Getty Images/loveguli

The German American Business Outlook (GABO) is one of the most important economic indicators of German American business relations. Each year, the German American Chambers of Commerce survey more than 2,500 German subsidiaries in the United States on their views of the US as an investment location.

Results of the German American Business Outlook


GABO Survey 2019

Download results here


GABO Survey 2018

Download results here


GABO Survey 2017

Download results here


GABO Survey 2016

Download results here


GABO Survey 2015

Download results here

Executive Summary 2019

Key opportunities as per GABO 2019

  • Business Friendly Reforms
    The 2018 tax reform as well as a reduction of regulations has had a favorable impact on a broad majority of respondents’ business.
  • Expansion on the Rise
    Companies increasingly focus their growth agenda on mergers and acquisitions (M&A). One out of five participating companies plan to expand their business in 2019 through M&A, up from 8% in 2017 and 11% planned for 2018.

Key challenges as per GABO 2019

  • Workforce Development and Visas
    Challenges with workforce remain a big concern: Both finding skilled labor and obtaining work visas increasingly worry German companies.
  • Tariffs and Free Trade
    90% of respondents say open markets are rather or very important to their business.