{"id":426583,"date":"2025-05-28T11:38:09","date_gmt":"2025-05-28T09:38:09","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/426583\/"},"modified":"2025-05-28T15:01:24","modified_gmt":"2025-05-28T13:01:24","slug":"economic-assessments-remained-cautious-in-spring","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/426583\/","title":{"rendered":"Economic Assessments Remained Cautious in Spring"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-426583","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Results of the WIFO-Konjunkturtest Quarterly Survey of April 2025","text":"In April, sceptical economic assessments continued to prevail. By sector, the deterioration was particularly evident in services and retail trade. In manufacturing, economic assessments improved but remained at a low level. Compared with the previous quarter, uncertainty rose particularly in manufacturing and retail trade. Insufficient demand remained the most frequently cited obstacle to business activity.","onlinedate":"2025-05-28 09:38:12","lang":"German","publication_series":"","publication_date":"20250528","publication_date_year":"","publication_date_full":true,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"b6f1c66f-745a-4365-8387-dca3ed4ecf0f\",\"29437eae-6220-4de7-9ba3-3ac41863cc11\",\"19a5b7bf-d9f4-4456-b181-9e2da9691377\",\"cfa630c8-b0bf-49d2-9702-3ed2e06f53eb\"]","pdf":426625,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"98","monthly_report_pages":"245-255","monthly_report_pages_sort":"245","issue":"5","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3491,3500,3481],"collaboration":"","persons":[3607,3537,3731,3488],"persons_data":"[{\"personId\":3607,\"personName\":\"Werner H\u00f6lzl\",\"organisationNames\":[]},{\"personId\":3537,\"personName\":\"J\u00fcrgen Bierbaumer\",\"organisationNames\":[]},{\"personId\":3731,\"personName\":\"Michael Klien\",\"organisationNames\":[]},{\"personId\":3488,\"personName\":\"Agnes K\u00fcgler\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"
H\u00f6lzl, W.<\\\/span>, Bierbaumer, J.<\\\/span>, Klien, M.<\\\/span>, & K\u00fcgler, A.<\\\/span> (2025). Konjunktureinsch\u00e4tzungen blieben im Fr\u00fchjahr verhalten: Ergebnisse der Quartalsbefragung des WIFO-Konjunkturtests vom April 2025<\\\/span>. WIFO-Monatsberichte<\\\/em><\\\/span>, 98<\\\/em>(5), 245-255.<\\\/div>\",\"vancouver\":\"
H\u00f6lzl W<\\\/span>, Bierbaumer J<\\\/span>, Klien M<\\\/span>, K\u00fcgler A<\\\/span>. Konjunktureinsch\u00e4tzungen blieben im Fr\u00fchjahr verhalten: Ergebnisse der Quartalsbefragung des WIFO-Konjunkturtests vom April 2025<\\\/span><\\\/span><\\\/span>. WIFO-Monatsberichte<\\\/span>. 2025 May 28;98(5):245-255.<\\\/div>\",\"bibtex\":\"
@misc{04d9f65f0fac4c0e83a8b20652328fb0,<\\\/div>
title = \\\"Konjunktureinsch{\\\\\\\"a}tzungen blieben im Fr{\\\\\\\"u}hjahr verhalten: Ergebnisse der Quartalsbefragung des WIFO-Konjunkturtests vom April 2025\\\",<\\\/div>
abstract = \\\"Im April {\\\\\\\"u}berwogen weiter die skeptischen Konjunktureinsch{\\\\\\\"a}tzungen. Eine Verschlechterung der Stimmung war vor allem in den Dienstleistungen und im Einzelhandel erkennbar. In der Sachg{\\\\\\\"u}tererzeugung verbesserten sich die Konjunktureinsch{\\\\\\\"a}tzungen auf niedrigem Niveau. Die unternehmerische Unsicherheit erh{\\\\\\\"o}hte sich im Quartalsvergleich vor allem in der Sachg{\\\\\\\"u}tererzeugung und im Einzelhandel. Der {\\\"}Mangel an Nachfrage{\\\"} blieb das meistgenannte Hemmnis der Gesch{\\\\\\\"a}ftst{\\\\\\\"a}tigkeit.\\\",<\\\/div>
keywords = \\\"WIFO-Konjunkturtest, Quartalsdaten, Konjunktur\\\",<\\\/div>
author = \\\"Werner H{\\\\\\\"o}lzl and J{\\\\\\\"u}rgen Bierbaumer and Michael Klien and Agnes K{\\\\\\\"u}gler\\\",<\\\/div>
year = \\\"2025\\\",<\\\/div>
month = may,<\\\/div>
day = \\\"28\\\",<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
volume = \\\"98\\\",<\\\/div>
pages = \\\"245--255\\\",<\\\/div>
journal = \\\"WIFO-Monatsberichte\\\",<\\\/div>

}<\\\/p><\\\/div>\",\"ris\":\"

TY - GEN<\\\/p>

T1 - Konjunktureinsch\u00e4tzungen blieben im Fr\u00fchjahr verhalten<\\\/p>

T2 - Ergebnisse der Quartalsbefragung des WIFO-Konjunkturtests vom April 2025<\\\/p>

AU - H\u00f6lzl, Werner<\\\/p>

AU - Bierbaumer, J\u00fcrgen<\\\/p>

AU - Klien, Michael<\\\/p>

AU - K\u00fcgler, Agnes<\\\/p>

PY - 2025\\\/5\\\/28<\\\/p>

Y1 - 2025\\\/5\\\/28<\\\/p>

N2 - Im April \u00fcberwogen weiter die skeptischen Konjunktureinsch\u00e4tzungen. Eine Verschlechterung der Stimmung war vor allem in den Dienstleistungen und im Einzelhandel erkennbar. In der Sachg\u00fctererzeugung verbesserten sich die Konjunktureinsch\u00e4tzungen auf niedrigem Niveau. Die unternehmerische Unsicherheit erh\u00f6hte sich im Quartalsvergleich vor allem in der Sachg\u00fctererzeugung und im Einzelhandel. Der \\\"Mangel an Nachfrage\\\" blieb das meistgenannte Hemmnis der Gesch\u00e4ftst\u00e4tigkeit.<\\\/p>

AB - Im April \u00fcberwogen weiter die skeptischen Konjunktureinsch\u00e4tzungen. Eine Verschlechterung der Stimmung war vor allem in den Dienstleistungen und im Einzelhandel erkennbar. In der Sachg\u00fctererzeugung verbesserten sich die Konjunktureinsch\u00e4tzungen auf niedrigem Niveau. Die unternehmerische Unsicherheit erh\u00f6hte sich im Quartalsvergleich vor allem in der Sachg\u00fctererzeugung und im Einzelhandel. Der \\\"Mangel an Nachfrage\\\" blieb das meistgenannte Hemmnis der Gesch\u00e4ftst\u00e4tigkeit.<\\\/p>

KW - WIFO-Konjunkturtest<\\\/p>

KW - Quartalsdaten<\\\/p>

KW - Konjunktur<\\\/p>

M3 - WIFO-Schriftenreihen<\\\/p>

VL - 98<\\\/p>

SP - 245<\\\/p>

EP - 255<\\\/p>

JO - WIFO-Monatsberichte<\\\/p>

JF - WIFO-Monatsberichte<\\\/p>

ER - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Agnezy Birgit\",\"Bergsmann Tobias\",\"Charos Alexandros\",\"Strauss-Kollin Anna\"]","scientific_review":"[\"Glocker Christian\"]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"\nEconomic Assessments Remained Cautious in Spring - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/426583\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Assessments Remained Cautious in Spring\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/426583\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-28T13:01:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/426583\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/426583\\\/\",\"name\":\"Economic Assessments Remained Cautious in Spring - WIFO\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/#website\"},\"datePublished\":\"2025-05-28T09:38:09+00:00\",\"dateModified\":\"2025-05-28T13:01:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/426583\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/426583\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/426583\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Economic Assessments Remained Cautious in Spring\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/\",\"name\":\"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/#organization\"},\"alternateName\":\"WIFO\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/#organization\",\"name\":\"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung\",\"alternateName\":\"WIFO\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/WIFO_kurz_rechts-2-1920x412.jpg\",\"contentUrl\":\"https:\\\/\\\/www.wifo.ac.at\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/WIFO_kurz_rechts-2-1920x412.jpg\",\"width\":2000,\"height\":429,\"caption\":\"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung\"},\"image\":{\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/WIFOat\\\/\",\"https:\\\/\\\/x.com\\\/WIFOat\",\"https:\\\/\\\/linkedin.com\\\/company\\\/wifoat\\\/\",\"https:\\\/\\\/www.youtube.com\\\/@WIFO_at\"],\"description\":\"Das WIFO, 1927 von Friedrich August von Hayek und Ludwig von Mises zur Konjunkturanalyse gegr\u00fcndet, ist heute das f\u00fchrende Institut f\u00fcr angewandte empirische Wirtschaftsforschung in \u00d6sterreich mit starkem Engagement auf europ\u00e4ischer Ebene.\",\"email\":\"office@wifo.ac.at\",\"telephone\":\"+43 1 798 26 01 \u2013 0\",\"legalName\":\"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung\",\"foundingDate\":\"1927-01-02\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"51\",\"maxValue\":\"200\"},\"publishingPrinciples\":\"https:\\\/\\\/www.wifo.ac.at\\\/institut\\\/mission-und-strategie\\\/\",\"ownershipFundingInfo\":\"https:\\\/\\\/www.wifo.ac.at\\\/institut\\\/organisation\\\/\",\"actionableFeedbackPolicy\":\"https:\\\/\\\/www.wifo.ac.at\\\/aktuelles\\\/presse\\\/\",\"correctionsPolicy\":\"https:\\\/\\\/www.wifo.ac.at\\\/institut\\\/kontakt\\\/\",\"ethicsPolicy\":\"https:\\\/\\\/www.wifo.ac.at\\\/institut\\\/evidenzbasierung-transparenz-und-unabhaengigkeit\\\/\",\"diversityPolicy\":\"https:\\\/\\\/www.wifo.ac.at\\\/institut\\\/gleichstellung\\\/\",\"diversityStaffingReport\":\"https:\\\/\\\/www.wifo.ac.at\\\/institut\\\/gleichstellung\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Economic Assessments Remained Cautious in Spring - WIFO","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.wifo.ac.at\/en\/publication\/426583\/","og_locale":"en_US","og_type":"article","og_title":"Economic Assessments Remained Cautious in Spring","og_url":"https:\/\/www.wifo.ac.at\/en\/publication\/426583\/","og_site_name":"WIFO","article_publisher":"https:\/\/www.facebook.com\/WIFOat\/","article_modified_time":"2025-05-28T13:01:24+00:00","og_image":[{"width":1920,"height":1280,"url":"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@WIFOat","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.wifo.ac.at\/en\/publication\/426583\/","url":"https:\/\/www.wifo.ac.at\/en\/publication\/426583\/","name":"Economic Assessments Remained Cautious in Spring - WIFO","isPartOf":{"@id":"https:\/\/www.wifo.ac.at\/en\/#website"},"datePublished":"2025-05-28T09:38:09+00:00","dateModified":"2025-05-28T13:01:24+00:00","breadcrumb":{"@id":"https:\/\/www.wifo.ac.at\/en\/publication\/426583\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.wifo.ac.at\/en\/publication\/426583\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.wifo.ac.at\/en\/publication\/426583\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/www.wifo.ac.at\/en\/"},{"@type":"ListItem","position":2,"name":"Economic Assessments Remained Cautious in Spring"}]},{"@type":"WebSite","@id":"https:\/\/www.wifo.ac.at\/en\/#website","url":"https:\/\/www.wifo.ac.at\/en\/","name":"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung","description":"","publisher":{"@id":"https:\/\/www.wifo.ac.at\/en\/#organization"},"alternateName":"WIFO","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.wifo.ac.at\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.wifo.ac.at\/en\/#organization","name":"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung","alternateName":"WIFO","url":"https:\/\/www.wifo.ac.at\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.wifo.ac.at\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO_kurz_rechts-2-1920x412.jpg","contentUrl":"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO_kurz_rechts-2-1920x412.jpg","width":2000,"height":429,"caption":"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung"},"image":{"@id":"https:\/\/www.wifo.ac.at\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/WIFOat\/","https:\/\/x.com\/WIFOat","https:\/\/linkedin.com\/company\/wifoat\/","https:\/\/www.youtube.com\/@WIFO_at"],"description":"Das WIFO, 1927 von Friedrich August von Hayek und Ludwig von Mises zur Konjunkturanalyse gegr\u00fcndet, ist heute das f\u00fchrende Institut f\u00fcr angewandte empirische Wirtschaftsforschung in \u00d6sterreich mit starkem Engagement auf europ\u00e4ischer Ebene.","email":"office@wifo.ac.at","telephone":"+43 1 798 26 01 \u2013 0","legalName":"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung","foundingDate":"1927-01-02","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"51","maxValue":"200"},"publishingPrinciples":"https:\/\/www.wifo.ac.at\/institut\/mission-und-strategie\/","ownershipFundingInfo":"https:\/\/www.wifo.ac.at\/institut\/organisation\/","actionableFeedbackPolicy":"https:\/\/www.wifo.ac.at\/aktuelles\/presse\/","correctionsPolicy":"https:\/\/www.wifo.ac.at\/institut\/kontakt\/","ethicsPolicy":"https:\/\/www.wifo.ac.at\/institut\/evidenzbasierung-transparenz-und-unabhaengigkeit\/","diversityPolicy":"https:\/\/www.wifo.ac.at\/institut\/gleichstellung\/","diversityStaffingReport":"https:\/\/www.wifo.ac.at\/institut\/gleichstellung\/"}]}},"_links":{"self":[{"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/publication\/426583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/publication"}],"about":[{"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/types\/publication"}],"version-history":[{"count":1,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/publication\/426583\/revisions"}],"predecessor-version":[{"id":426584,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/publication\/426583\/revisions\/426584"}],"acf:post":[{"embeddable":true,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/person\/3488"},{"embeddable":true,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/person\/3731"},{"embeddable":true,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/person\/3537"},{"embeddable":true,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/person\/3607"},{"embeddable":true,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/research_group\/3481"},{"embeddable":true,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/research_group\/3500"},{"embeddable":true,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/research_group\/3491"},{"embeddable":true,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/publication_type\/44312"}],"wp:attachment":[{"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/media?parent=426583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}