Article in Journal
Ifo Business Climate and the production index in manufacturing
Klaus Abberger
ifo Institut für Wirtschaftsforschung, München, 2006
ifo Schnelldienst, 2006, 59, Nr. 21, 42-45
ifo Institut für Wirtschaftsforschung, München, 2006
ifo Schnelldienst, 2006, 59, Nr. 21, 42-45
A recent study by the Ifo Institute confirms the very good performance of the Ifo Business Climate Index as an early indicator for the business developments in manufacturing. The Munich experts have compared the leading-indicator properties of the Ifo Business Climate with the production index in manufacturing. The Ifo Business Climate has an average lead in the turning points of nearly two months and contains a considerably clear business-cycle signal, which is considerably stronger than the production index.
JEL Classification: L600
Included in
Journal (Complete Issue)
ifo Schnelldienst 21/2006
ifo Institut für Wirtschaftsforschung, München, 2006