German American Business Outlook

The German American Business Outlook (GABO) is an annual survey of German subsidiaries in the U.S. that assesses current economic developments and trends in the transatlantic business climate.

Discover the results of the GABO Survey 2025

In 2025, the German American Chambers of Commerce offices surveyed German subsidiaries in the United States once again on their views of the US as an investment location. Dive into the results:

GABO Presentation 2025

GABO Press Release 2025

Executive Summary 2025

STRENGTH DESPITE POLITICAL UNCERTAINTY – GERMAN COMPANIES EXPANDING THEIR FOOTPRINT IN THE US

  • Investment: 84 % of German subsidiaries in the US plan to increase their investments over the next 3 years. 27 % without a production facility plan to build one in the next 3 years, excluding professional services and logistics firms
  • Workforce: 88 % plan to grow their US workforce by 2029
  • Global impact: 74 % of companies report US revenue and 72 % report profits as significant or dominant in their global company results
  • Tariffs: 81 % expect impacts from potential tariffs to affect their business in the US

Results of the last few years