{"id":48458,"date":"2023-11-20T15:38:09","date_gmt":"2023-11-20T14:38:09","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/slight-improvement-in-economic-sentiment-at-the-beginning-of-the-year\/"},"modified":"2024-04-20T14:21:22","modified_gmt":"2024-04-20T12:21:22","slug":"slight-improvement-in-economic-sentiment-at-the-beginning-of-the-year","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/48458\/","title":{"rendered":"Slight Improvement in Economic Sentiment at the Beginning of the Year"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-48458","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Results of the WIFO-Konjunkturtest Quarterly Survey of January 2023","text":"The results of the WIFO-Konjunkturtest (business cycle survey) in January show a slight improvement in economic assessments compared with the previous quarter. However, economic expectations remained subdued in all sectors. Capacity utilisation stayed at an average level. In the aggregate economy, as in the previous quarters, the \"shortage of labour force\" was the most important obstacle to business activity, with \"insufficient demand\" continuing to gain slightly in importance. Although business uncertainty has decreased, it is still high and reflects considerable economic risks. Despite declines, sale price expectations also remained above average.","onlinedate":"2023-02-28 12:00:00","lang":"English","publication_series":"","publication_date":"20230201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"12","keywords":"[]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"97648d3b-2729-4b1e-b926-9e921f09f479\"]","pdf":255624,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"3","journal":"WIFO Reports on Austria","publisher":"","invisible":false,"external":false,"embargo_date":"2023-02-28 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> (2023). <span>Slight Improvement in Economic Sentiment at the Beginning of the Year: Results of the WIFO-Konjunkturtest Quarterly Survey of January 2023<\\\/span>. <span><em>WIFO Reports on Austria<\\\/em><\\\/span>, (3).<\\\/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>Slight Improvement in Economic Sentiment at the Beginning of the Year: <span class=\\\"subtitle\\\">Results of the WIFO-Konjunkturtest Quarterly Survey of January 2023<\\\/span><\\\/span><\\\/span>. <span>WIFO Reports on Austria<\\\/span>. 2023 Feb;(3).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{9464698e13b44cfc92dd51e48702091c,<\\\/div><div>  title    = \\\"Slight Improvement in Economic Sentiment at the Beginning of the Year: Results of the WIFO-Konjunkturtest Quarterly Survey of January 2023\\\",<\\\/div><div>  abstract = \\\"The results of the WIFO-Konjunkturtest (business cycle survey) in January show a slight improvement in economic assessments compared with the previous quarter. However, economic expectations remained subdued in all sectors. Capacity utilisation stayed at an average level. In the aggregate economy, as in the previous quarters, the {\\\"}shortage of labour force{\\\"} was the most important obstacle to business activity, with {\\\"}insufficient demand{\\\"} continuing to gain slightly in importance. Although business uncertainty has decreased, it is still high and reflects considerable economic risks. Despite declines, sale price expectations also remained above average.\\\",<\\\/div><div>  author   = \\\"Werner H{\\\\\\\"o}lzl and J{\\\\\\\"u}rgen Bierbaumer and Michael Klien and Agnes K{\\\\\\\"u}gler\\\",<\\\/div><div>  note     = \\\"Slight Improvement in Economic Sentiment at the Beginning of the Year. Results of the WIFO-Konjunkturtest Quarterly Survey of January 2023\\\",<\\\/div><div>  year     = \\\"2023\\\",<\\\/div><div>  month    = feb,<\\\/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  - Slight Improvement in Economic Sentiment at the Beginning of the Year<\\\/p><p>T2  - Results of the WIFO-Konjunkturtest Quarterly Survey of January 2023<\\\/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  - Slight Improvement in Economic Sentiment at the Beginning of the Year. Results of the WIFO-Konjunkturtest Quarterly Survey of January 2023<\\\/p><p>PY  - 2023\\\/2<\\\/p><p>Y1  - 2023\\\/2<\\\/p><p>N2  - The results of the WIFO-Konjunkturtest (business cycle survey) in January show a slight improvement in economic assessments compared with the previous quarter. However, economic expectations remained subdued in all sectors. Capacity utilisation stayed at an average level. In the aggregate economy, as in the previous quarters, the \\\"shortage of labour force\\\" was the most important obstacle to business activity, with \\\"insufficient demand\\\" continuing to gain slightly in importance. Although business uncertainty has decreased, it is still high and reflects considerable economic risks. Despite declines, sale price expectations also remained above average.<\\\/p><p>AB  - The results of the WIFO-Konjunkturtest (business cycle survey) in January show a slight improvement in economic assessments compared with the previous quarter. However, economic expectations remained subdued in all sectors. Capacity utilisation stayed at an average level. In the aggregate economy, as in the previous quarters, the \\\"shortage of labour force\\\" was the most important obstacle to business activity, with \\\"insufficient demand\\\" continuing to gain slightly in importance. Although business uncertainty has decreased, it is still high and reflects considerable economic risks. 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