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Business Survey in Focus: German Economy Robust Despite Lockdown

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  • Stefan Sauer
  • Klaus Wohlrabe

Abstract

Despite the continuing lockdown, sentiment in the German economy improved considerably in February. This was reflected in a significant rise in the ifo Business Climate Index Germany from 90.3 to 92.4 points. Assessments of the current business situation were more positive. This was due in particular to the strong industrial economy. In addition, the number of pessimistic voices with a view to the coming months decreased significantly. However, the results on questions about the impact of the coronavirus crisis also showed that those sectors of the economy still affected by closures are facing particularly serious problems.

Suggested Citation

  • Stefan Sauer & Klaus Wohlrabe, 2021. "Business Survey in Focus: German Economy Robust Despite Lockdown," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(03), pages 56-58, March.
    • Handle: RePEc:ces:ifosdt:v:74:y:2021:i:03:p:56-58
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    References listed on IDEAS

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    1. Simon Litsche & Stefan Sauer & Klaus Wohlrabe, 2020. "Business Surveys in Focus: Coronavirus Crisis Strikes German Economy with Full Fury," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(05), pages 57-61, May.
    2. Stefan Sauer & Klaus Wohlrabe, 2020. "Business Survey in Focus: German Economy in Coronavirus Shock," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(04), pages 44-47, April.
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    Cited by:

    1. Gärtner, Leo & Marek, Philipp, 2022. "The impact of German public support transfers on firm finance: Evidence from the Covid-19 crisis," Discussion Papers 19/2022, Deutsche Bundesbank.
    2. Katrin Demmelhuber & Klaus Wohlrabe, 2021. "ifo Manager Survey: Company Conclusion after One Year of the Coronavirus Crisis," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(05), pages 76-81, May.

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