{"id":49353,"date":"2023-11-20T15:49:22","date_gmt":"2023-11-20T14:49:22","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/economic-sentiment-deteriorates\/"},"modified":"2024-04-21T11:59:38","modified_gmt":"2024-04-21T09:59:38","slug":"economic-sentiment-deteriorates","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/49353\/","title":{"rendered":"Economic Sentiment Deteriorates"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-49353","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Results of the WIFO-Konjunkturtest Quarterly Survey of July 2023","text":"The results of the WIFO-Konjunkturtest (business cycle survey) in July show a significant deterioration of economic assessments across all sectors. Economic assessments and expectations were particularly sceptical in manufacturing. Capacity utilisation declined in all sectors. In the total economy, as in previous quarters, the \"shortage of labour force\" was the most important obstacle to business activity, although \"insufficient demand\u201d Increased further in importance. Sales price expectations continue to show a downward trend.","onlinedate":"2023-09-08 12:00:00","lang":"English","publication_series":"","publication_date":"20230801","publication_date_year":"","publication_date_full":false,"publication_num_pages":"11","keywords":"[\"WIFO-Konjunkturtest (business cycle survey)\",\"Quarterly data\",\"Business cycle\"]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"a9db0310-f553-467a-989a-a893e430a20b\"]","pdf":257339,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"12","journal":"WIFO Reports on Austria","publisher":"","invisible":false,"external":false,"embargo_date":"2023-09-08 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>Economic Sentiment Deteriorates: Results of the WIFO-Konjunkturtest Quarterly Survey of July 2023<\\\/span>. <span><em>WIFO Reports on Austria<\\\/em><\\\/span>, (12).<\\\/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 Sentiment Deteriorates: <span class=\\\"subtitle\\\">Results of the WIFO-Konjunkturtest Quarterly Survey of July 2023<\\\/span><\\\/span><\\\/span>. <span>WIFO Reports on Austria<\\\/span>. 2023 Aug;(12).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{600c90b3ce5741b8b7d55d5dbc4481d9,<\\\/div><div>  title    = \\\"Economic Sentiment Deteriorates: Results of the WIFO-Konjunkturtest Quarterly Survey of July 2023\\\",<\\\/div><div>  abstract = \\\"The results of the WIFO-Konjunkturtest (business cycle survey) in July show a significant deterioration of economic assessments across all sectors. Economic assessments and expectations were particularly sceptical in manufacturing. Capacity utilisation declined in all sectors. In the total economy, as in previous quarters, the {\\\"}shortage of labour force{\\\"} was the most important obstacle to business activity, although {\\\"}insufficient demand\u201d Increased further in importance. Sales price expectations continue to show a downward trend.\\\",<\\\/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>  note     = \\\"Economic Sentiment Deteriorates. Results of the WIFO-Konjunkturtest Quarterly Survey of July 2023\\\",<\\\/div><div>  year     = \\\"2023\\\",<\\\/div><div>  month    = aug,<\\\/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 Sentiment Deteriorates<\\\/p><p>T2  - Results of the WIFO-Konjunkturtest Quarterly Survey of July 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  - Economic Sentiment Deteriorates. Results of the WIFO-Konjunkturtest Quarterly Survey of July 2023<\\\/p><p>PY  - 2023\\\/8<\\\/p><p>Y1  - 2023\\\/8<\\\/p><p>N2  - The results of the WIFO-Konjunkturtest (business cycle survey) in July show a significant deterioration of economic assessments across all sectors. Economic assessments and expectations were particularly sceptical in manufacturing. Capacity utilisation declined in all sectors. In the total economy, as in previous quarters, the \\\"shortage of labour force\\\" was the most important obstacle to business activity, although \\\"insufficient demand\u201d Increased further in importance. Sales price expectations continue to show a downward trend.<\\\/p><p>AB  - The results of the WIFO-Konjunkturtest (business cycle survey) in July show a significant deterioration of economic assessments across all sectors. Economic assessments and expectations were particularly sceptical in manufacturing. Capacity utilisation declined in all sectors. In the total economy, as in previous quarters, the \\\"shortage of labour force\\\" was the most important obstacle to business activity, although \\\"insufficient demand\u201d Increased further in importance. Sales price expectations continue to show a downward trend.<\\\/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\",\"Slickers Tim\"]","scientific_review":"[\"Glocker Christian\"]","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 Sentiment Deteriorates - 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\/49353\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Sentiment Deteriorates\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/49353\/\" \/>\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=\"2024-04-21T09:59:38+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\\\/49353\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/49353\\\/\",\"name\":\"Economic Sentiment Deteriorates - 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