Two New Analysis Tools for the ifo Business Survey: The New ifo Business Cycle Clock and the ifo Heatmap

The results of the monthly ifo Business Survey can be presented in different ways. In addition to standard tables and line charts, the ifo Business Cycle Clock is also a central component of the regular press releases. In addition, the ifo Heatmap is a new analysis tool. With the help of a color scale, it depicts economic development in all the sectors of the economy covered by the ifo Business Survey.