Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/279322 
Year of Publication: 
2023
Series/Report no.: 
CESifo Working Paper No. 10571
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
The ifo Business Climate Index for Germany is considered as the most important leading indicator for the German economy. Media reports often refer to the mood in German boardrooms. Based on a survey conducted in May 2023, we show that most of the around 9,000 respondents to the monthly ifo Business Survey are the owners or managers of the companies. The sentiment regarding the state of the German economy thus comes directly from the boardrooms of the companies..
Subjects: 
ifo business Survey
firms
answering behaviour
JEL: 
C80
C81
C83
Document Type: 
Working Paper
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