{"id":70463,"date":"2023-12-02T07:39:43","date_gmt":"2023-12-02T06:39:43","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/economic-expectations-weaken\/"},"modified":"2024-04-20T14:14:29","modified_gmt":"2024-04-20T12:14:29","slug":"economic-expectations-weaken","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/70463\/","title":{"rendered":"Economic Expectations Weaken"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-70463","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Results of the WIFO-Konjunkturtest Quarterly Survey of July 2022","text":"The results of the WIFO-Konjunkturtest (business cycle survey) of July show a weakening of economic dynamics and a clouding of economic expectations in a quarterly comparison. In all sectors, the economic indicators lost ground compared to April. Capacity utilisation also declined in all sectors but remained at above-average levels. In the economy, as in the previous quarter, the \"shortage of labour force\" was the most important obstacle to business activity, in manufacturing and retailing the shortage of materials and intermediate products. Business uncertainty increased, while sales price expectations remained above average.","onlinedate":"2022-09-12 12:00:00","lang":"English","publication_series":"","publication_date":"20220801","publication_date_year":"","publication_date_full":false,"publication_num_pages":"11","keywords":"[\"WIFO-Konjunkturtest\",\"quarterly data\",\"business cycle\"]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"ae60a270-414d-41c1-9821-55bd61021f1a\",\"23716e21-905f-4622-8401-55acf72fdc9d\"]","pdf":255340,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"11","journal":"WIFO Reports on Austria","publisher":"","invisible":false,"external":false,"embargo_date":"2022-09-12 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>Economic Expectations Weaken: Results of the WIFO-Konjunkturtest Quarterly Survey of July 2022<\\\/span>. <span><em>WIFO Reports on Austria<\\\/em><\\\/span>, (11).<\\\/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 Expectations Weaken: <span class=\\\"subtitle\\\">Results of the WIFO-Konjunkturtest Quarterly Survey of July 2022<\\\/span><\\\/span><\\\/span>. <span>WIFO Reports on Austria<\\\/span>. 2022 Aug;(11).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{42dd3b2f421144f09003cab3c861d5ae,<\\\/div><div>  title    = \\\"Economic Expectations Weaken: Results of the WIFO-Konjunkturtest Quarterly Survey of July 2022\\\",<\\\/div><div>  abstract = \\\"The results of the WIFO-Konjunkturtest (business cycle survey) of July show a weakening of economic dynamics and a clouding of economic expectations in a quarterly comparison. In all sectors, the economic indicators lost ground compared to April. Capacity utilisation also declined in all sectors but remained at above-average levels. In the economy, as in the previous quarter, the {\\\"}shortage of labour force{\\\"} was the most important obstacle to business activity, in manufacturing and retailing the shortage of materials and intermediate products. Business uncertainty increased, while sales price expectations 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     = \\\"Economic Expectations Weaken. Results of the WIFO-Konjunkturtest Quarterly Survey of July 2022\\\",<\\\/div><div>  year     = \\\"2022\\\",<\\\/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 Expectations Weaken<\\\/p><p>T2  - Results of the WIFO-Konjunkturtest Quarterly Survey of July 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  - Economic Expectations Weaken. Results of the WIFO-Konjunkturtest Quarterly Survey of July 2022<\\\/p><p>PY  - 2022\\\/8<\\\/p><p>Y1  - 2022\\\/8<\\\/p><p>N2  - The results of the WIFO-Konjunkturtest (business cycle survey) of July show a weakening of economic dynamics and a clouding of economic expectations in a quarterly comparison. In all sectors, the economic indicators lost ground compared to April. Capacity utilisation also declined in all sectors but remained at above-average levels. In the economy, as in the previous quarter, the \\\"shortage of labour force\\\" was the most important obstacle to business activity, in manufacturing and retailing the shortage of materials and intermediate products. Business uncertainty increased, while sales price expectations remained above average.<\\\/p><p>AB  - The results of the WIFO-Konjunkturtest (business cycle survey) of July show a weakening of economic dynamics and a clouding of economic expectations in a quarterly comparison. In all sectors, the economic indicators lost ground compared to April. Capacity utilisation also declined in all sectors but remained at above-average levels. In the economy, as in the previous quarter, the \\\"shortage of labour force\\\" was the most important obstacle to business activity, in manufacturing and retailing the shortage of materials and intermediate products. Business uncertainty increased, while sales price expectations 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":"[\"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 Expectations Weaken - 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\/70463\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Expectations Weaken\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/70463\/\" \/>\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=\"2024-04-20T12:14:29+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\\\/70463\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/70463\\\/\",\"name\":\"Economic Expectations Weaken - 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