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Yet, the lack of orders is still weighing on many self-employed people; 44% were affected by a lack of orders in April, down from 47.9% in January.). “The absence of an order backlog is putting further pressure on the self-employed,” says Demmelhuber.
The ifo Institute has been publishing the Jimdo-ifo Business Climate Index for solo self-employed persons and microenterprises (fewer than nine employees) since August 2021. As in the composite index, all sectors of the economy are taken into account. However, its main focus…