WIFO-Konjunkturtest

The WIFO-Konjunkturtest (business cycle survey) is a monthly survey of Austrian companies on their economic situation and its development in the coming months. The results of the WIFO-Konjunkturtest help to reliably assess the economic development in Austria at an early stage. The WIFO-Konjunkturtest has been conducted since 1954 and has been part of the "Joint Harmonised EU Programme of Business and Consumer Surveys" since 1996.

Further information on the WIFO-Konjunkturtest can be found here.

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Werner Hölzl, Michael Klien, Agnes Kügler
COVID-19 bremst Konjunkturerholung. Ergebnisse des WIFO-Konjunkturtests vom November 2020 (COVID-19 Slows Down Economic Recovery. Results of the WIFO-Konjunkturtest (Business Cycle Survey) of November 2020)
WIFO Business Cycle Survey, 2020, (11), 13 pages
Supported by: European Commission, DG Economic and Financial Affairs
Study by: Austrian Institute of Economic Research
Online since: 27.11.2020 14:00
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Die Konjunktureinschätzungen der österreichischen Unternehmen trübten sich im November im Zuge der zweiten Welle der COVID-19-Pandemie und der damit verbundenen Einschränkungsmaßnahmen ein. Der WIFO-Konjunkturklimaindex sank um 5,2 Punkte und lag mit –14,7 Punkten wieder deutlicher im negativen Bereich. Die Unternehmen beurteilten die aktuelle Lage schlechter, die Erwartungen für die nächsten Monate fielen skeptischer aus. Besonders ungünstig wurde die Konjunkturlage im Tourismus, in der Transportwirtschaft und in den Konsumgüterbranchen eingeschätzt.
Research group:Industrial, Innovation and International Economics – Regional Economics and Spatial Analysis
Language:German
COVID-19 Slows Down Economic Recovery. Results of the WIFO-Konjunkturtest (Business Cycle Survey) of November 2020
The economic assessments of Austrian companies declined in November in the course of the second wave of the COVID-19 pandemic and the associated restrictions. The WIFO business climate index fell by 5.2 points and was more clearly in negative territory with –14.7 points. Companies assessed the current economic situation worse and business expectations for the coming months became more sceptical. The economic assessment was particularly pessimistic in tourism, transport and consumer goods industries.
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