WIFO Working Papers

Discussion papers by WIFO staff, consultants and guests – As of 2006 available online only – Free download

WIFO Working Papers are not peer reviewed and are not necessarily based on a coordinated position of WIFO. The authors were informed about the Guidelines for Good Scientific Practice of the Austrian Agency for Research Integrity (ÖAWI), in particular with regard to the documentation of all elements necessary for the replicability of the results.

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Konjunkturerwartungen weniger pessimistisch – Lagebeurteilungen tragen der Krise Rechnung. Ergebnisse des WIFO-Konjunkturtests vom Mai 2020 (Business Expectations Less Pessimistic – Economic Assessments Take the Crisis Into Account. Results of the WIFO Business Cycle Survey May 2020)
WIFO Business Cycle Survey, 2020, (5), 13 pages
Supported by: European Commission, DG Economic and Financial Affairs
Study by: Austrian Institute of Economic Research
Online since: 28.05.2020 14:00
Die Stimmung unter den österreichischen Unternehmen bleibt nach dem historischen Einbruch des Vormonats auf Krisenniveau. Zwar stieg der WIFO-Konjunkturklimaindex (saisonbereinigt) um 4,4 Punkte, lag aber mit –27,8 Punkten im Bereich der historischen Tiefstwerte. Die Kreditnachfrage der Unternehmen nahm in den letzten drei Monaten deutlich zu. Die COVID-19-Krise hält die österreichische Wirtschaft im Griff.
Keywords:TP_COVID
Research group:Industrial Economics, Innovation and International Competition – Macroeconomics and European Economic Policy
Language:German

Business Expectations Less Pessimistic – Economic Assessments Take the Crisis Into Account. Results of the WIFO Business Cycle Survey May 2020
The mood among Austrian companies remains at crisis level after the historic slump of the previous month. Although the WIFO economic climate index (seasonally adjusted) rose by 4.4 points, it remained in the range of its historic lows at –27.8 points. The demand for credit from companies increased significantly over the past three months. The COVID-19 crisis is keeping the Austrian economy under its grasp.