Article in Journal

Service Sector: Business Climate Indicator Rises


ifo Institut, München, 2013

in: ifo Konjunkturperspektiven, 2013, 40, Nr. 11, 31-33

The Ifo Business Climate Index for the service sector (excluding distribution, banking, leasing and the public sector) improved in November. Service providers were more satisfied with their current business situation and clearly more confident about future business developments. A greater number of firms also expected sales to increase in the near future and planned to increase additional staff.

JEL Classification: L800

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ifo Institut, München, 2013