Economic assessments of Austrian companies continued to improve across all sectors in July. Sentiment also brightened in the
sectors recently affected directly or indirectly by lockdowns. The WIFO-Konjunkturampel (economic traffic light) continues
to show green, confirming the trend of a strong economic upswing. Accordingly, capacity utilisation improved noticeably. For
the first time since the beginning of the COVID-19 crisis, companies cited the "shortage of labour force" as the most important
obstacle to their activities. In manufacturing and construction, more companies than ever before reported a "shortage of materials
or capacity" as the most important constraint.
Keywords:WIFO-Konjunkturtest (business cycle survey), business cycle, quarterly data
Forschungsbereich:Industrieökonomie, Innovation und internationaler Wettbewerb – Strukturwandel und Regionalentwicklung