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

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 to...

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Bibliographische Detailangaben
Link(s) zu Dokument(en):WIFO Publikation
Veröffentlicht in:WIFO Reports on Austria
Hauptverfasser: Werner Hölzl, Jürgen Bierbaumer, Michael Klien, Agnes Kügler
Format: article
Sprache:Englisch
Veröffentlicht: 2024
Schlagworte:
Beschreibung
Zusammenfassung: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.