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Leasing: Cautious optimism but dynamism lacking in equipment investment

Joachim Gürtler, Arno Städtler
ifo Institut für Wirtschaftsforschung, München, 2005

in: ifo Schnelldienst, 2005, 58, Nr. 10, 29-32

After a strong jump in the fourth quarter of 2004, the Ifo business climate indicator in leasing fell in the first quarter of 2005. In the first three months of the current year, the enterprises appraised not only the current business situation but also the outlook more pessimistically than before.

JEL Classification: L890

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ifo Institut für Wirtschaftsforschung, München, 2005