{"id":434313,"date":"2025-09-25T14:37:26","date_gmt":"2025-09-25T12:37:26","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/434313\/"},"modified":"2025-09-29T14:15:11","modified_gmt":"2025-09-29T12:15:11","slug":"economic-assessments-show-little-momentum","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/434313\/","title":{"rendered":"Economic Assessments Show Little Momentum"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-434313","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Results of the WIFO-Konjunkturtest (Business Cycle Survey) of September 2025","text":"The results of the WIFO-Konjunkturtest (business cycle survey) show a continuation of the sideways movement in overall economic assessments in September. The WIFO Business Climate Index stood at \u20132.5 points (seasonally adjusted), the same value as in August. Assessments of the current situation deteriorated slightly, while expectations improved slightly. Differences across sectors remain: the industrial economy stayed subdued, with slight declines in the construction industry, while the indices for services and retail improved slightly.","onlinedate":"2025-09-29 14:00:00","lang":"German","publication_series":"","publication_date":"20250929","publication_date_year":"","publication_date_full":true,"publication_num_pages":"13","keywords":"[\"KT_Aktuell\"]","jelcodes":"[]","related_publications":"[]","pdf":434412,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"9","journal":"WIFO-Konjunkturtest","publisher":"","invisible":false,"external":false,"embargo_date":"2025-09-29 14:00:00","types":[44466],"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":[10704],"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>Konjunktureinsch\u00e4tzungen zeigen kaum Dynamik: Ergebnisse des WIFO-Konjunkturtests vom September 2025<\\\/span>. <span><em>WIFO-Konjunkturtest<\\\/em><\\\/span>, (9).<\\\/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>Konjunktureinsch\u00e4tzungen zeigen kaum Dynamik: <span class=\\\"subtitle\\\">Ergebnisse des WIFO-Konjunkturtests vom September 2025<\\\/span><\\\/span><\\\/span>. <span>WIFO-Konjunkturtest<\\\/span>. 2025 Sept 29;(9).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{039eb7889b0841779c5db895451f525e,<\\\/div><div>  title    = \\\"Konjunktureinsch{\\\\\\\"a}tzungen zeigen kaum Dynamik: Ergebnisse des WIFO-Konjunkturtests vom September 2025\\\",<\\\/div><div>  abstract = \\\"Die Ergebnisse des WIFO-Konjunkturtests zeigen im September eine Fortsetzung der Seitw{\\\\\\\"a}rtsbewegung der gesamtwirtschaftlichen Konjunktureinsch{\\\\\\\"a}tzungen. Der WIFO-Konjunkturklimaindex notierte mit \u20132,5 Punkten (saisonbereinigt) auf demselben Wert wie im August. Die Lagebeurteilungen haben sich leicht verschlechtert und die Erwartungen leicht verbessert. {\\\\\\\"U}ber die Sektoren hinweg zeigen sich weiterhin Unterschiede: W{\\\\\\\"a}hrend die Industriekonjunktur verhalten blieb, sind leichte R{\\\\\\\"u}ckg{\\\\\\\"a}nge in der Bauwirtschaft zu verzeichnen. Gleichzeitig verbesserten sich die Indizes in den Dienstleistungen und im Einzelhandel.\\\",<\\\/div><div>  keywords = \\\"KT\\\\_Aktuell, KT\\\\_Aktuell\\\",<\\\/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      = \\\"29\\\",<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  journal  = \\\"WIFO-Konjunkturtest\\\",<\\\/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  - Konjunktureinsch\u00e4tzungen zeigen kaum Dynamik<\\\/p><p>T2  - Ergebnisse des WIFO-Konjunkturtests vom September 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\\\/29<\\\/p><p>Y1  - 2025\\\/9\\\/29<\\\/p><p>N2  - Die Ergebnisse des WIFO-Konjunkturtests zeigen im September eine Fortsetzung der Seitw\u00e4rtsbewegung der gesamtwirtschaftlichen Konjunktureinsch\u00e4tzungen. Der WIFO-Konjunkturklimaindex notierte mit \u20132,5 Punkten (saisonbereinigt) auf demselben Wert wie im August. Die Lagebeurteilungen haben sich leicht verschlechtert und die Erwartungen leicht verbessert. \u00dcber die Sektoren hinweg zeigen sich weiterhin Unterschiede: W\u00e4hrend die Industriekonjunktur verhalten blieb, sind leichte R\u00fcckg\u00e4nge in der Bauwirtschaft zu verzeichnen. Gleichzeitig verbesserten sich die Indizes in den Dienstleistungen und im Einzelhandel.<\\\/p><p>AB  - Die Ergebnisse des WIFO-Konjunkturtests zeigen im September eine Fortsetzung der Seitw\u00e4rtsbewegung der gesamtwirtschaftlichen Konjunktureinsch\u00e4tzungen. Der WIFO-Konjunkturklimaindex notierte mit \u20132,5 Punkten (saisonbereinigt) auf demselben Wert wie im August. Die Lagebeurteilungen haben sich leicht verschlechtert und die Erwartungen leicht verbessert. \u00dcber die Sektoren hinweg zeigen sich weiterhin Unterschiede: W\u00e4hrend die Industriekonjunktur verhalten blieb, sind leichte R\u00fcckg\u00e4nge in der Bauwirtschaft zu verzeichnen. Gleichzeitig verbesserten sich die Indizes in den Dienstleistungen und im Einzelhandel.<\\\/p><p>KW  - KT_Aktuell<\\\/p><p>KW  - KT_Aktuell<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>JO  - WIFO-Konjunkturtest<\\\/p><p>JF  - WIFO-Konjunkturtest<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Agnezy Birgit\"]","scientific_review":"[\"Ederer Stefan\"]","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 Show Little Momentum - 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\/434313\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Assessments Show Little Momentum\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/434313\/\" \/>\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=\"2025-09-29T12:15:11+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\\\/434313\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/434313\\\/\",\"name\":\"Economic Assessments Show Little Momentum - 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