Ifo Architects' Survey: Further corrections in business expectations

According to the latest results of the Ifo Institute's survey of freelance architects, the business climate in Germany (excluding Baden-Wuerttemberg, Berlin and eastern Germany) clearly improved at the beginning of the 1st quarter of 2004. The clear brightening was mainly due to the waning scepticism regarding the business expectations; the current business conditions were still seen as critical by most architects, however.