Slight Improvement in Economic Sentiment at the Beginning of the Year. Results of the WIFO-Konjunkturtest Quarterly Survey of January 2023

Werner Hölzl, Juergen Bierbaumer-Polly, Michael Klien and Agnes Kügler

WIFO Reports on Austria, 2023, issue 3

Abstract: The results of the WIFO-Konjunkturtest (business cycle survey) in January show a slight improvement in economic assessments compared with the previous quarter. However, economic expectations remained subdued in all sectors. Capacity utilisation stayed at an average level. In the aggregate economy, as in the previous quarters, the "shortage of labour force" was the most important obstacle to business activity, with "insufficient demand" continuing to gain slightly in importance. Although business uncertainty has decreased, it is still high and reflects considerable economic risks. Despite declines, sale price expectations also remained above average.

Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/70672 abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wfo:repoau:y:2023:i:3

Access Statistics for this article

More articles in WIFO Reports on Austria from WIFO Contact information at EDIRC.
Bibliographic data for series maintained by Florian Mayr ().