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Regional evaluation for Saxony of the Ifo Business Survey in February 2017

Ifo Business Climate Index for Saxony Declines Again

The Ifo Business Climate for trade and industry in the Free State of Saxony cooled down marginally in February. This was due to poorer business expectations on the part of survey participants. The business situation, by contrast, improved slightly. In Eastern Germany the business climate index also edged downwards, while it rose somewhat in Germany overall.

Ifo Business Climate for Industry and Trade for Saxony

Image Ifo Business Climate for Industry and Trade for Saxony

Ifo Employment Barometer for Saxony

Image Ifo Employment Barometer for Saxony

Ifo Business Climate for Saxony by Sector

Image Ifo Business Climate for Saxony by Sector

Legend

The Ifo Business Climate Index is based on feedback from around 500 companies from manufacturing, construction, wholesaling and retailing. Companies are asked to assess their current business situation and their six-month business outlook. They can describe their current situation as “good”, “satisfactory” or “bad” and their six-month business outlook as “more favourable”, “unchanged” or “less favourable”. The balance value of the current business situation is the difference between the percentage of “good” and “bad” responses; while the balance value of the expectations is the difference between the percentage of “more favourable” and “less favourable” responses. The business climate is a transformed mean of the balances of the current business situation and expectations. The transformed balances are respectively normalised to the average of 2005 to calculate the index values.

Contact

Dr. Michael Weber

Ifo Institute
Dresden Branch
Phone: +49(0)351/26476-13
Fax: +49(0)351/26476-20
Email: weber.m @ ifo.de
Website


Short URL: www.ifo.de/w/3NJAGeGxZ