The business cycle assessments of Austrian companies show a stable development of the economy across almost all sectors in
October, except in the retail trade sector. Nevertheless, the WIFO-Konjunkturampel (economic traffic light) shows red and
thus signals that the peak of the economic upturn has probably been reached. Capacity utilisation fell slightly in manufacturing
but remained above average in all sectors. As in the previous quarter, the "shortage of labour force" was cited as the most
important obstacle to business activity. In addition, shortages of materials and inputs caused by supply bottlenecks hampered
business activity in manufacturing, construction and retailing.
Keywords:WIFO-Konjunkturtest, quartaly data, business cycle
Forschungsbereich:Makroökonomie und europäische Wirtschaftspolitik – Industrieökonomie, Innovation und internationaler Wettbewerb – Strukturwandel und Regionalentwicklung