Article in Journal

Services (Germany):
Business expectations stabilise


ifo Institut für Wirtschaftsforschung, München, 2006

in: ifo Konjunkturperspektiven, 2006, 33, Nr. 08, 31-33

In the service sector the business climate worsened for the fourth time in suc-cession. This was due to the less positive judgements of the current situation, whereas the weakening in the optimism regarding the business outlook halted. Turnover again surpassed that of a year ago, but the slight dissatisfaction of the firms with their order stocks increased again. Employment has probably risen, al-though the number of such responses was lower in August.

JEL Classification: L800

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ifo Institut für Wirtschaftsforschung, München, 2006