The ifo Business Survey: Concept of the ifo Business Survey

The ifo Business Survey is the oldest and best-known of the ifo Institute’s surveys. Since 1949, it has been conducted monthly to collect a broad spectrum of information on the current economic situation as well as plans and expectations for the near future (Langelütke and Marquardt 1951). The ifo Business Climate Index for Germany, which is considered the most important leading indicator for the German economy, is calculated from the responses of the participating companies. First, an explanation of the basic objectives, the methodology, and the processes of the monthly survey are explained. Following this, the various survey areas, as well as regional results, supplementary questions, and numerous other results and indicators are discussed in detail. In this way, the user of the data can gain insight into the survey results, their interpretation, and potential for analysis