Business service providers a bit more optimistic

In July, the number of business services providers expecting turnover to decrease in the next three months outnumbered those expecting an increase. With -4 in July versus -7 in June, the gap was somewhat smaller than in the preceding month, though. In June and July, the number of business services providers expecting a downturn is usually higher than in other months of the year.

Opinions of providers of business services on the economic climate improved in July relative to June. They were also more optimistic about future employment. In July, the number of business services providers expecting employment to grow over the next three months was somewhat larger than those expecting employment in their branch to be reduced.

Temp job agencies are very optimistic. Their expectations about turnover in the next three months, future employment in their branch and price developments are positive. They also think the economic climate is very favourable. Business services providers in other branches were considerably more cautious.

Expected turnover business services