Article in Journal

Service Sector: Current Business Situation Improves


ifo Institut, München, 2016

in: ifo Konjunkturperspektiven, 2016, 43, Nr. 04, 23-26

The service providers surveyed expressed greater confidence in their six-month business outlook. Their assessments of the current business situation also improved and the business climate indicator rose clearly. Service providers would like to recruit more personnel, but 20% of survey participants reported a shortage of qualified staff. Capacity utilisation reached 85.3%, which is exactly the same figure as seen in the same quarter last year.

JEL Classification: L800

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ifo Institut, München, 2016