Article in Journal
Services Sector: Expectations Less Optimistic
ifo Institut, München, 2013
in: ifo Konjunkturperspektiven, 2013, 40, Nr. 10, 31-33
In the services sector (excluding distribution, banking, leasing, insurance and the public sector) the business climate indicator fell. This was primarily due to considerably less optimistic expectations on the part of service providers. Assessments of the current business situation were only fractionally less positive than last month. Service providers no longer expect demand to develop quite as positively in the near future. Their willingness to recruit additional staff fell somewhat.
JEL Classification: L800