This article introduces the ifo Business Uncertainty, a measure of how difficult it is for managers to predict the future business development of their firm. The indicator is based on a new monthly question in a representative survey of the German economy, the ifo Business Survey. It captures...

The ifo Business Climate Index is the most important early indicator for developments in the German economy. It aggregates thousands of responses from the companies surveyed in the ifo business surveys on a monthly basis. This article presents the new ifo Business Climate for Germany, which will...