{"id":453825,"date":"2026-10-27T12:33:17","date_gmt":"2026-10-27T11:33:17","guid":{"rendered":"https:\/\/www.wifo.ac.at\/en\/publication\/453825\/"},"modified":"2026-10-29T14:15:08","modified_gmt":"2026-10-29T13:15:08","slug":"economic-outlooks-are-becoming-more-optimistic","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/453825\/","title":{"rendered":"Economic outlooks are becoming more optimistic"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-453825","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Results of the WIFO-Konjunkturtest (Business Cycle Survey) of October 2026","text":"The results of the WIFO-Konjunkturtest (business cycle survey) show a continuation of businesses' assessment of the economic situation in October. The WIFO Business Climate Index stood at 0.9 points (seasonally adjusted), 3.4 points above the September figure. Assessments of the current situation improved across all sectors and returned to the optimistic range. Economic expectations also brightened, though they remained at a subdued level. The rise in expectations is primarily attributable to the improvement in the expectation indices for manufacturing and services. In the construction sector, expectations rose slightly, whilst in the retail sector they declined slightly.","onlinedate":"2026-10-29 14:00:00","lang":"German","publication_series":"","publication_date":"20261029","publication_date_year":"","publication_date_full":true,"publication_num_pages":"13","keywords":"[\"KT_Aktuell\"]","jelcodes":"[]","related_publications":"[]","pdf":453921,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"10","journal":"WIFO-Konjunkturtest","publisher":"","invisible":false,"external":false,"embargo_date":"2026-10-29 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> (2026). <span>Konjunktureinsch\u00e4tzungen werden zuversichtlicher: Ergebnisse des WIFO-Konjunkturtests vom Oktober 2026<\\\/span>. <span><em>WIFO-Konjunkturtest<\\\/em><\\\/span>, (10).<\\\/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 werden zuversichtlicher: <span class=\\\"subtitle\\\">Ergebnisse des WIFO-Konjunkturtests vom Oktober 2026<\\\/span><\\\/span><\\\/span>. <span>WIFO-Konjunkturtest<\\\/span>. 2026 Oct 29;(10).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{821448c5d3f64ceb89a5ffc22029e40d,<\\\/div><div>  title    = \\\"Konjunktureinsch{\\\\\\\"a}tzungen werden zuversichtlicher: Ergebnisse des WIFO-Konjunkturtests vom Oktober 2026\\\",<\\\/div><div>  abstract = \\\"Die Ergebnisse des WIFO-Konjunkturtests zeigen im Oktober eine Fortsetzung der Verbesserung der unternehmerischen Konjunktureinsch{\\\\\\\"a}tzungen. Der WIFO-Konjunkturklimaindex notierte mit 0,9 Punkten (saisonbereinigt) 3,4 Punkte {\\\\\\\"u}ber dem Wert vom September. Die Lagebeurteilungen verbesserten sich {\\\\\\\"u}ber die Sektoren hinweg und notierten wieder im zuversichtlichen Bereich. Auch die Konjunkturerwartungen hellten sich auf, blieben aber weiter auf verhaltenem Niveau. Der Anstieg bei den Erwartungen ist vor allem auf die Verbesserung der Erwartungsindizes in der Sachg{\\\\\\\"u}tererzeugung und in den Dienstleistungen zur{\\\\\\\"u}ckzuf{\\\\\\\"u}hren. In der Bauwirtschaft stiegen die Erwartungen leicht an und im Einzelhandel tr{\\\\\\\"u}bten sie sich leicht ein.\\\",<\\\/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     = \\\"2026\\\",<\\\/div><div>  month    = oct,<\\\/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 werden zuversichtlicher<\\\/p><p>T2  - Ergebnisse des WIFO-Konjunkturtests vom Oktober 2026<\\\/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  - 2026\\\/10\\\/29<\\\/p><p>Y1  - 2026\\\/10\\\/29<\\\/p><p>N2  - Die Ergebnisse des WIFO-Konjunkturtests zeigen im Oktober eine Fortsetzung der Verbesserung der unternehmerischen Konjunktureinsch\u00e4tzungen. Der WIFO-Konjunkturklimaindex notierte mit 0,9 Punkten (saisonbereinigt) 3,4 Punkte \u00fcber dem Wert vom September. Die Lagebeurteilungen verbesserten sich \u00fcber die Sektoren hinweg und notierten wieder im zuversichtlichen Bereich. Auch die Konjunkturerwartungen hellten sich auf, blieben aber weiter auf verhaltenem Niveau. Der Anstieg bei den Erwartungen ist vor allem auf die Verbesserung der Erwartungsindizes in der Sachg\u00fctererzeugung und in den Dienstleistungen zur\u00fcckzuf\u00fchren. In der Bauwirtschaft stiegen die Erwartungen leicht an und im Einzelhandel tr\u00fcbten sie sich leicht ein.<\\\/p><p>AB  - Die Ergebnisse des WIFO-Konjunkturtests zeigen im Oktober eine Fortsetzung der Verbesserung der unternehmerischen Konjunktureinsch\u00e4tzungen. Der WIFO-Konjunkturklimaindex notierte mit 0,9 Punkten (saisonbereinigt) 3,4 Punkte \u00fcber dem Wert vom September. Die Lagebeurteilungen verbesserten sich \u00fcber die Sektoren hinweg und notierten wieder im zuversichtlichen Bereich. Auch die Konjunkturerwartungen hellten sich auf, blieben aber weiter auf verhaltenem Niveau. Der Anstieg bei den Erwartungen ist vor allem auf die Verbesserung der Erwartungsindizes in der Sachg\u00fctererzeugung und in den Dienstleistungen zur\u00fcckzuf\u00fchren. In der Bauwirtschaft stiegen die Erwartungen leicht an und im Einzelhandel tr\u00fcbten sie sich leicht ein.<\\\/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":"[\"Bergsmann Tobias\"]","scientific_review":"[\"Schiman-Vukan 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 v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Economic outlooks are becoming more optimistic - 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\/453825\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic outlooks are becoming more optimistic\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/453825\/\" \/>\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=\"2026-10-29T13:15:08+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\\\/453825\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/453825\\\/\",\"name\":\"Economic outlooks are becoming more optimistic - 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