{"id":48210,"date":"2023-11-20T15:35:10","date_gmt":"2023-11-20T14:35:10","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/downturn-continues\/"},"modified":"2024-04-03T17:29:25","modified_gmt":"2024-04-03T15:29:25","slug":"downturn-continues","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/48210\/","title":{"rendered":"Downturn Continues"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-48210","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Results of the WIFO-Konjunkturtest Quarterly Survey of October 2022","text":"The results of the WIFO-Konjunkturtest (business cycle survey) of October show a quarter-on-quarter weakening of economic assessments and a further deterioration of economic expectations for all sectors. Capacity utilisation also declined in all sectors, but still remained at average levels. As in previous quarters, the \"shortage of labour force\" was the most important constraint on business activity in the Austrian economy, although the \"insufficient demand\" is gaining in importance. Business uncertainty has risen for the last months. Sales price expectations has also remained above average.","onlinedate":"2022-12-23 12:00:00","lang":"English","publication_series":"","publication_date":"20221101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"11","keywords":"[\"WIFO-Konjunkturtest\",\"quarterly data\",\"business cycle\"]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"e62af59b-26a6-46aa-8891-75dcba0147d9\"]","pdf":216558,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"WIFO Reports on Austria","publisher":"","invisible":false,"external":false,"embargo_date":"2022-12-23 00:00:00","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> (2022). <span>Downturn Continues: Results of the WIFO-Konjunkturtest Quarterly Survey of October 2022<\\\/span>. <span><em>WIFO Reports on Austria<\\\/em><\\\/span>, (17).<\\\/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>Downturn Continues: <span class=\\\"subtitle\\\">Results of the WIFO-Konjunkturtest Quarterly Survey of October 2022<\\\/span><\\\/span><\\\/span>. <span>WIFO Reports on Austria<\\\/span>. 2022 Nov;(17).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{e76bf246a3d642ab9bbc4b7415a2c113,<\\\/div><div>  title    = \\\"Downturn Continues: Results of the WIFO-Konjunkturtest Quarterly Survey of October 2022\\\",<\\\/div><div>  abstract = \\\"The results of the WIFO-Konjunkturtest (business cycle survey) of October show a quarter-on-quarter weakening of economic assessments and a further deterioration of economic expectations for all sectors. Capacity utilisation also declined in all sectors, but still remained at average levels. As in previous quarters, the {\\\"}shortage of labour force{\\\"} was the most important constraint on business activity in the Austrian economy, although the {\\\"}insufficient demand{\\\"} is gaining in importance. Business uncertainty has risen for the last months. Sales price expectations has also remained above average.\\\",<\\\/div><div>  keywords = \\\"WIFO-Konjunkturtest, Quartalsdaten, Konjunktur, WIFO-Konjunkturtest, 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>  note     = \\\"Downturn Continues. Results of the WIFO-Konjunkturtest Quarterly Survey of October 2022\\\",<\\\/div><div>  year     = \\\"2022\\\",<\\\/div><div>  month    = nov,<\\\/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  - Downturn Continues<\\\/p><p>T2  - Results of the WIFO-Konjunkturtest Quarterly Survey of October 2022<\\\/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>N1  - Downturn Continues. Results of the WIFO-Konjunkturtest Quarterly Survey of October 2022<\\\/p><p>PY  - 2022\\\/11<\\\/p><p>Y1  - 2022\\\/11<\\\/p><p>N2  - The results of the WIFO-Konjunkturtest (business cycle survey) of October show a quarter-on-quarter weakening of economic assessments and a further deterioration of economic expectations for all sectors. Capacity utilisation also declined in all sectors, but still remained at average levels. As in previous quarters, the \\\"shortage of labour force\\\" was the most important constraint on business activity in the Austrian economy, although the \\\"insufficient demand\\\" is gaining in importance. Business uncertainty has risen for the last months. Sales price expectations has also remained above average.<\\\/p><p>AB  - The results of the WIFO-Konjunkturtest (business cycle survey) of October show a quarter-on-quarter weakening of economic assessments and a further deterioration of economic expectations for all sectors. Capacity utilisation also declined in all sectors, but still remained at average levels. As in previous quarters, the \\\"shortage of labour force\\\" was the most important constraint on business activity in the Austrian economy, although the \\\"insufficient demand\\\" is gaining in importance. Business uncertainty has risen for the last months. Sales price expectations has also remained above average.<\\\/p><p>KW  - WIFO-Konjunkturtest<\\\/p><p>KW  - Quartalsdaten<\\\/p><p>KW  - Konjunktur<\\\/p><p>KW  - WIFO-Konjunkturtest<\\\/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\",\"Slickers Tim\"]","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 v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Downturn Continues - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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