{"id":433656,"date":"2025-09-11T11:39:01","date_gmt":"2025-09-11T09:39:01","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/433656\/"},"modified":"2025-09-11T11:39:02","modified_gmt":"2025-09-11T09:39:02","slug":"economic-assessments-begin-to-stabilise-at-the-start-of-summer-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/433656\/","title":{"rendered":"Economic Assessments Begin to Stabilise at the Start of Summer"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-433656","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Results of the WIFO-Konjunkturtest Quarterly Survey of July 2025","text":"In July, the economic assessments of the companies surveyed stabilised. Economic sentiment brightened in all sectors, but remained predominantly sceptical in the manufacturing sector. Business uncertainty declined compared to the previous quarter, but remained elevated in manufacturing and construction. Capacity utilisation in these sectors improved slightly. Nevertheless, \"insufficient demand\" remained the most frequently cited obstacle to business activity in all sectors of the economy.","onlinedate":"2025-09-11 09:39:03","lang":"English","publication_series":"","publication_date":"20250911","publication_date_year":"","publication_date_full":true,"publication_num_pages":"12","keywords":"[\"WIFO-Konjunkturtest (business cycle survey)\",\"Quarterly data\",\"Business cycle\"]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"2741ca35-8c56-4e6b-9c48-129770928a4f\",\"f1ed9607-55a6-4885-8dfe-8b75e1faeac6\"]","pdf":433659,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"13","journal":"WIFO Reports on Austria","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44424],"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\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>H\u00f6lzl, W.<\\\/span><span>, Bierbaumer, J.<\\\/span><span>, Klien, M.<\\\/span><span>, &amp; K\u00fcgler, A.<\\\/span> (2025). <span>Economic Assessments Begin to Stabilise at the Start of Summer: Results of the WIFO-Konjunkturtest Quarterly Survey of July 2025<\\\/span>. <span><em>WIFO Reports on Austria<\\\/em><\\\/span>, (13).<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>H\u00f6lzl W<\\\/span><span>, Bierbaumer J<\\\/span><span>, Klien M<\\\/span><span>, K\u00fcgler A<\\\/span>. <span class=\\\"title\\\"><span>Economic Assessments Begin to Stabilise at the Start of Summer: <span class=\\\"subtitle\\\">Results of the WIFO-Konjunkturtest Quarterly Survey of July 2025<\\\/span><\\\/span><\\\/span>. <span>WIFO Reports on Austria<\\\/span>. 2025 Sept 11;(13).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{36961ff28e4e45b78ddc34c5dd147ab5,<\\\/div><div>  title    = \\\"Economic Assessments Begin to Stabilise at the Start of Summer: Results of the WIFO-Konjunkturtest Quarterly Survey of July 2025\\\",<\\\/div><div>  abstract = \\\"In July, the economic assessments of the companies surveyed stabilised. Economic sentiment brightened in all sectors, but remained predominantly sceptical in the manufacturing sector. Business uncertainty declined compared to the previous quarter, but remained elevated in manufacturing and construction. Capacity utilisation in these sectors improved slightly. Nevertheless, {\\\"}insufficient demand{\\\"} remained the most frequently cited obstacle to business activity in all sectors of the economy.\\\",<\\\/div><div>  keywords = \\\"WIFO-Konjunkturtest (business cycle survey), Quarterly data, Business cycle\\\",<\\\/div><div>  author   = \\\"Werner H{\\\\\\\"o}lzl and J{\\\\\\\"u}rgen Bierbaumer and Michael Klien and Agnes K{\\\\\\\"u}gler\\\",<\\\/div><div>  year     = \\\"2025\\\",<\\\/div><div>  month    = sep,<\\\/div><div>  day      = \\\"11\\\",<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO Reports on Austria\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Economic Assessments Begin to Stabilise at the Start of Summer<\\\/p><p>T2  - Results of the WIFO-Konjunkturtest Quarterly Survey of July 2025<\\\/p><p>AU  - H\u00f6lzl, Werner<\\\/p><p>AU  - Bierbaumer, J\u00fcrgen<\\\/p><p>AU  - Klien, Michael<\\\/p><p>AU  - K\u00fcgler, Agnes<\\\/p><p>PY  - 2025\\\/9\\\/11<\\\/p><p>Y1  - 2025\\\/9\\\/11<\\\/p><p>N2  - In July, the economic assessments of the companies surveyed stabilised. Economic sentiment brightened in all sectors, but remained predominantly sceptical in the manufacturing sector. Business uncertainty declined compared to the previous quarter, but remained elevated in manufacturing and construction. Capacity utilisation in these sectors improved slightly. Nevertheless, \\\"insufficient demand\\\" remained the most frequently cited obstacle to business activity in all sectors of the economy.<\\\/p><p>AB  - In July, the economic assessments of the companies surveyed stabilised. Economic sentiment brightened in all sectors, but remained predominantly sceptical in the manufacturing sector. Business uncertainty declined compared to the previous quarter, but remained elevated in manufacturing and construction. Capacity utilisation in these sectors improved slightly. Nevertheless, \\\"insufficient demand\\\" remained the most frequently cited obstacle to business activity in all sectors of the economy.<\\\/p><p>KW  - WIFO-Konjunkturtest (business cycle survey)<\\\/p><p>KW  - Quarterly data<\\\/p><p>KW  - Business cycle<\\\/p><p>M3  - WIFO series<\\\/p><p>JO  - WIFO Reports on Austria<\\\/p><p>JF  - WIFO Reports on Austria<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Agnezy Birgit\",\"Bergsmann Tobias\",\"Charos Alexandros\",\"Strauss-Kollin Anna\"]","scientific_review":"[\"Huemer Ulrike\"]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Economic Assessments Begin to Stabilise at the Start of Summer - 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\/433656\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Assessments Begin to Stabilise at the Start of Summer\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/433656\/\" \/>\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=\"2025-09-11T09:39:02+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\\\/433656\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/433656\\\/\",\"name\":\"Economic Assessments Begin to Stabilise at the Start of Summer - 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