WIFO-Monatsberichte (monthly reports)

Monthly analysis of current economic developments in Austria and the major OECD countries – Quarterly economic forecast – Some 70 articles per year with background information (tables and diagrams) and a short English abstract – Supplemented each month by a full set of tables listing approximately 300 macroeconomic indicators

Online full-text issues available since 1927 (free access for WIFO sponsors and members) – One-year subscription € 270, single issue € 27.50, download of individual articles € 16

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Konjunkturbeurteilungen bleiben unter dem Eindruck der COVID-19-Krise – Erwartungen signalisieren beginnende Entspannung. Ergebnisse der Quartalsbefragung des WIFO-Konjunkturtests vom Juli 2020 (Economic Assessments Remain in the Grip of the COVID-19 Crisis – Expectations Signal a Beginning Recovery. Results of the WIFO-Konjunkturtest Quarterly Survey of July 2020)
WIFO-Monatsberichte, 2020, 93(8), pp.587-596
Online since: 24.08.2020 0:00
 
Die aktuellen Konjunktureinschätzungen waren im Juli weiterhin durch die COVID-19-Krise bestimmt. Nur in der Bauwirtschaft entspannt sich die Lage, aber auch in den anderen Sektoren ziehen die Konjunkturerwartungen an. Die WIFO-Konjunkturampel bestätigt diese Verbesserung der Stimmung im österreichischen Unternehmenssektor und zeigt eine Trendwende an. In allen Sektoren bleibt die Unsicherheit aber überdurchschnittlich hoch. Durchwegs stieg die Kapazitätsauslastung gegenüber der April-Umfrage, ebenso die gesicherte Produktionsdauer. Die Angaben der Unternehmen zu den Hindernissen ihrer Geschäftstätigkeit deuten auf die Verwerfungen im Zuge der COVID-19-Krise hin. Meistgenanntes Hemmnis war im Juli der "Mangel an Nachfrage".
JEL-Codes:E32, E66
Keywords:WIFO-Konjunkturtest, Quartalsdaten, Konjunktur
Research group:Industrial Economics, Innovation and International Competition – Structural Change and Regional Development
Language:German

Economic Assessments Remain in the Grip of the COVID-19 Crisis – Expectations Signal a Beginning Recovery. Results of the WIFO-Konjunkturtest Quarterly Survey of July 2020
The July results of the WIFO-Konjunkturtest (business cycle survey) show that current economic assessments continue to be determined by the COVID-19 crisis. Only the construction industry is already showing signs of a recovery. However, economic expectations are improving in all sectors. The WIFO-Konjunkturampel (WIFO economic traffic light) confirms this improvement of the mood in the Austrian corporate sector and indicates a trend reversal. However, the uncertainty indicator remains at above-average levels in all sectors. Capacity utilisation increased in all sectors compared to April, as did assured production duration. The information provided by companies on the obstacles to their business activities shows the distortions of the COVID-19 crisis. In July the most frequently mentioned obstacle was the "lack of demand".

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