Good business situation – weaker outlook

Dhe report published by the Federal Association of Germancouncilsconsultancies (BDU) quarterly business climate survey in the consulting industryconsulting industry for the 1st quarter of 2022 concluded that the current business business situation is still considered to be good in many cases, but that the outlook is clouding over.

Almost 80 percent of the market participants remain despite growingenuncertaintiesuncertainties their current sales plans. However, large consulting firms are more skeptical in their assessment of business development over the next six months, while medium-sized management consultancies are more optimistic. Differences in project volumes and corresponding budget planning are likely to contribute to this divergent assessment. Across all size segments 15 percent expect a less favorable business outlook in the next six months. months.