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Business Survey in Focus: German Economy in Coronavirus Shock

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  • Stefan Sauer
  • Klaus Wohlrabe

Abstract

In response to a special question posed in March as part of the ifo Business Survey on the effects of the spread of the coronavirus epidemic on German companies, 63 percent of the companies participating in the survey stated that they had already been negatively affected by the crisis. Some sectors of the economy, such as the travel and hospitality industry, but also some industrial sectors, have already been hit particularly hard.

Suggested Citation

  • 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.
    • Handle: RePEc:ces:ifosdt:v:73:y:2020:i:04:p:44-47
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    References listed on IDEAS

    as
    1. Stefan Sauer & Klaus Wohlrabe, 2018. "The New ifo Business Climate Index for Germany," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 71(07), pages 54-60, April.
    2. Stefan Sauer & Klaus Wohlrabe, 2020. "ifo Handbuch der Konjunkturumfragen," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 88.
    3. Stefan Sauer & Michael Weber & Klaus Wohlrabe, 2018. "Das neue ifo Geschäftsklima Ostdeutschland und Sachsen: Hintergründe und Anpassungen," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 25(03), pages 20-24, June.
    4. Florian Dorn & Clemens Fuest & Marcell Göttert & Carla Krolage & Stefan Lautenbacher & Sebastian Link & Andreas Peichl & Magnus Reif & Stefan Sauer & Marc Stöckli & Klaus Wohlrabe & Timo Wollmershäuse, 2020. "The Economic Costs of the Coronavirus Shutdown for Germany: A Scenario Calculation," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(04), pages 29-35, April.
    5. repec:ces:ifodre:v:25:y:2018:i:03:p: is not listed on IDEAS
    6. Stefan Sauer, 2020. "ifo Business Surveys: An Overview of the Available Time Series," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(02), pages 45-48, February.
    7. Florian Dorn & Clemens Fuest & Marcell Göttert & Carla Krolage & Stefan Lautenbacher & Robert Lehmann & Sebastian Link & Sascha Möhrle & Andreas Peichl & Magnus Reif & Stefan Sauer & Marc Stöckli & Kl, 2020. "Die volkswirtschaftlichen Kosten des Corona-Shutdown für Bayern: Eine Szenarienrechnung," ifo Schnelldienst Digital, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(02), March.
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    Citations

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    Cited by:

    1. Wohlrabe, Klaus & Rathje, Ann-Christin & Rumscheidt, Sabine & Boumans, Dorine & Hannich, Ute & Heinemann, Friedrich & Birkholz, Carlo & Nover, Justus, 2020. "Die Widerstandsfähigkeit der deutschen Wirtschaft in der Corona-Pandemie: Jahresmonitor der Stiftung Familienunternehmen," Studien, Stiftung Familienunternehmen / Foundation for Family Businesses, number 250011, June.
    2. 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.
    3. Przemyslaw Brandt, 2020. "Industries in Focus: Hospitality Industry," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(04), pages 60-62, April.
    4. Werner Hölzl & Michael Böheim & Klaus S. Friesenbichler & Agnes Kügler & Thomas Leoni, 2021. "Staatliche Hilfsmaßnahmen für Unternehmen in der COVID-19-Krise. Eine begleitende Analyse operativer Aspekte und Unternehmenseinschätzungen," WIFO Studies, WIFO, number 66624, April.
    5. Stefan Sauer & Klaus Wohlrabe, 2020. "Focus on Economic Surveys: German Economy Still in a very Difficult Situation, but First Glimmers of Hope," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(06), pages 49-51, June.
    6. Klaus Wohlrabe, 2021. "Industries in Focus: Auditing and Tax Consulting," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(01), pages 73-75, January.
    7. Lukas Buchheim & Jonas Dovern & Carla Krolage & Sebastian Link, 2020. "Zur Reaktion von Unternehmen auf die Coronakrise: Welche Rolle spielen die erwartete Krisendauer und die Geschäftslage vor der Krise?," ifo Schnelldienst Digital, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(08), May.
    8. Julia Freuding & Klaus Wohlrabe, 2021. "Die Dauer der Einschränkungen des öffentlichen Lebens und die Normalisierung der Geschäftslage: Was erwarten die Unternehmen?," ifo Schnelldienst Digital, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 2(4), February.
    9. 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.
    10. Katrin Demmelhuber & Felix Leiss & Sebastian Link & Andreas Peichl & Klaus Wohlrabe, 2020. "Die Auswirkungen der Coronakrise auf die deutsche Wirtschaft," ifo Schnelldienst Digital, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(07), May.
    11. Stefan Sauer & Klaus Wohlrabe, 2020. "Kreditverhandlungen und Liquidität von Unternehmen während der Corona-Pandemie," ifo Schnelldienst Digital, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(10), July.

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    More about this item

    Keywords

    Epidemie; Verarbeitendes Gewerbe; Dienstleistungssektor; Handel; Branchenentwicklung; Geschäftsklima;
    All these keywords.

    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • L80 - Industrial Organization - - Industry Studies: Services - - - General
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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