Ifo Architects Survey: Order Stocks Enlarged

According to the quarterly survey of the Ifo Institute among freelance architects, the business climate improved at the beginning of the second quarter of 2009. It is now as favourable as it was a year ago. Although the surveyed architects were clearly more satisfied with their current business situation than in the previous quarter, the number of survey participants that assessed their current business situation as “poor” was again clearly higher than the number of architects that were satisfied. The business expectations are more confident than they were three months ago.