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Business Survey in Focus: Manufacturing of Print Products; Reproduction of Recorded Media

Author

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  • Evgenia Kudymowa
  • Klaus Wohlrabe

Abstract

The Ifo Business Survey for manufacturing, which polls a wide range of companies from highly diverse product groups on their current business expectation and expectations, was conducted on a monthly basis as early as 1949. Its qualitative survey data have turned out to be a useful early indicator for real economic developments in the respective sectors of the economy. An analysis of the reliability of the survey results for the “Manufacturing of Print Products; Reproduction of Recorded Media” segment - using a correlation analysis of the Ifo Institute’s survey data with data from the German Federal Statistics Office on the growth rates of production and turnover indices (IU) as a reference series - shows that the corresponding Ifo survey data trace the annual rates of change very accurately. This means that a look at the survey reveals the branch’s current stage in the business cycle.

Suggested Citation

  • Evgenia Kudymowa & Klaus Wohlrabe, 2014. "Business Survey in Focus: Manufacturing of Print Products; Reproduction of Recorded Media," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(06), pages 31-35, March.
    • Handle: RePEc:ces:ifosdt:v:67:y:2014:i:06:p:31-35
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    File URL: https://www.ifo.de/DocDL/ifosd_2014_06_3.pdf
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    References listed on IDEAS

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    1. Steffen Henzel & Wolfgang Nierhaus & Tim Oliver Berg & Christian Breuer & Kai Carstensen & Christian Grimme & Oliver Hülsewig & Atanas Hristov & Nikolay Hristov & Michael Kleemann & Wolfgang Meister &, 2013. "Ifo Economic Forecast 2013/2014: German Economy Picks Up Steam," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 66(24), pages 20-67, December.
    2. Stefan Sauer & Christian Seiler, 2014. "Business Survey in Focus: Assessment of Inventories in Distribution," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(04), pages 41-44, February.
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    Citations

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    Cited by:

    1. Przemyslaw Wojciechowski, 2015. "Business Survey in Focus: Information and Communication," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(07), pages 57-60, April.
    2. Przemyslaw Wojciechowski, 2015. "Business Survey in Focus: Hotel and Catering Industry," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(18), pages 62-66, September.
    3. Robert Lehmann, 2023. "The Forecasting Power of the ifo Business Survey," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 19(1), pages 43-94, March.

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    More about this item

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media

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