5 years ago
August 10, 2015
Business Confidence Soars among Translators in Germany
The German translator and interpreter scene is in high spirits, according to the June 2015 Business Confidence Survey. The survey conducted by the Federal Association of Interpreters and Translators (BDÜ) polled 450 participants and found that a full 76% of members described current business conditions as “good” or “very good.”
Business appears to be picking up, with 30% of participants reporting an improved order book compared to the previous month, and 41% compared to the same month in 2014. Participants also shared they were mostly optimistic for the future: 73% of respondents describe the outlook for the coming months as positive compared to 7% who saw it as negative.
This overwhelmingly positive survey result is in line with a general sense of booming times in the language services industry, with big international language service providers like SDL and Lionbridge reporting strong results in their language divisions in their second quarter 2015 financial results.