DEFINITION of 'Ifo Business Climate Survey'

A key monthly survey that measures the business climate in Germany. It is widely followed as an early indicator of the state of the German economy. The Ifo Business Climate Survey is based on approximately 7,000 monthly survey responses from firms in manufacturing, construction, wholesale and retail. As the largest economy in the European Union, Germany's business climate has implications for the rest of the European Union.

BREAKING DOWN 'Ifo Business Climate Survey'

Firms included in the Ifo business climate survey are asked to submit their assessments of current business conditions and expectations for the next six months. The balance value of the current business situation is the difference in the percentages of the "good" and "poor" responses, while the balance value of the expectations is the difference in the percentage of the responses marked "more favorable" and "more unfavorable." The business climate is a transformed mean of the balances of the current business situation and expectations.

  1. Climate Finance

    Climate finance is a finance channel by which developed economies ...
  2. Investment Climate

    The economic and financial conditions in a country that affect ...
  3. NY Empire State Index

    A seasonally adjusted index that tracks the results of the Empire ...
  4. Tankan Survey

    An economic survey of Japanese business issued by the central ...
  5. American Clean Energy And Security ...

    A piece of legislation that was created in an attempt to establish ...
  6. Job Openings and Labor Turnover ...

    The job openings and labor turnover survey is a survey done by ...
Related Articles
  1. Investing

    Vanguard Urges Companies to Disclose Their Climate Risk

    Vanguard wants companies to disclose the financial risks from climate change.
  2. Small Business

    Code Climate: How it Works and Makes Money

    Learn more about Code Climate and its suite of static program analysis tools used by software developers to produce and maintain high-quality software code.
  3. Investing

    The Largest Oil Companies Make a Pledge to Climate Change

    Here is how ten of the world's largest oil companies prepared for the UN climate change summit happening in Paris this month.
  4. Insights

    What You Need To Know About The Employment Report

    This widely watched indicator of economic well-being directly influences the market.
  5. Insights

    Tankan Survey Provides Clues To Japanese Economy

    This quarterly survey is crucial for assessing Japan's economic health.
  6. Investing

    Facebook, Apple, Google, Big Business Leaders Urge Trump to Stick to Climate Accord

    America's most powerful companies across industries band together amid Trump-induced uncertainty.
  7. Insights

    2017 is the Year of Volatility: Natixis Institutional Investor Survey

    The survey of roughly 500 institutional investors indicates an interest in active management as market volatitlity continues to rise.
  8. Personal Finance

    5 Ways to Support Our Climate Using Your Finances

    Supporting our earth and its climate can be part of an overall financial strategy.
  1. How can a social responsibility consulting firm benefit a business?

    Learn about some of the ways that a socially responsible business consultant can help corporations and other businesses over ... Read Answer >>
  2. What is the average debt/equity ratio of companies in the wholesale sector?

    Learn about the standard debt-to-equity ratios in the wholesale sector, and discover some of the many subindustries in the ... Read Answer >>
  3. What is a relative standard error?

    Find out how to distinguish between mean, standard deviation, standard error and relative standard error in statistical survey ... Read Answer >>
Hot Definitions
  1. Money Market

    The money market is a segment of the financial market in which financial instruments with high liquidity and very short maturities ...
  2. Perfect Competition

    Pure or perfect competition is a theoretical market structure in which a number of criteria such as perfect information and ...
  3. Compound Interest

    Compound Interest is interest calculated on the initial principal and also on the accumulated interest of previous periods ...
  4. Income Statement

    A financial statement that measures a company's financial performance over a specific accounting period. Financial performance ...
  5. Leverage Ratio

    A leverage ratio is any one of several financial measurements that look at how much capital comes in the form of debt, or ...
  6. Annuity

    An annuity is a financial product that pays out a fixed stream of payments to an individual, primarily used as an income ...
Trading Center