Article in Journal
Services: Improved Business Climate
ifo Institut, München, 2016
ifo Konjunkturperspektiven, 2016, 43, Nr. 08, 23-26
In the services sector, the surveyed companies were more satisfied with their current situation and are also more optimistic regarding business developments in the coming months. The climate indicator rose to its highest level so far this year. On balance, the companies were satisfied with their orders on hand and an increasing number expect increasing demand in the near future. Staff levels are expected to be expanded accordingly.
JEL Classification: C420, L800