Business Cycle Sentiment Subdued at Start of the Year. Results of the WIFO-Konjunkturtest Quarterly Survey of January 2024

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

WIFO Reports on Austria, 2024, issue 3

Abstract: The results of the WIFO-Konjunkturtest (business cycle survey) in January continue to show a sceptical economic picture. Economic assessments remained particularly pessimistic in manufacturing. Capacity utilisation rose slightly but remained below average in construction and manufacturing. In the total economy "insufficient demand" remained the most frequently cited obstacle to business activity, followed by "shortage of labour force". Sales price expectations rose again slightly and remained above average in services and retail.

Keywords: WIFO-Konjunkturtest (business cycle survey); Quarterly data; Business cycle (search for similar items in EconPapers)
Date: 2024
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