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Growth in the emerging market economies continues to provide only weak incentives for global business activity. While the US economy follows a path of solid growth, the recovery in Europe remains tentative. Demand and output in Austria are heading up, though the upturn is lacking momentum.
Persistent link: https://www.econbiz.de/10010884964
Towards the end of 2013, activity rebounded in Austria as well as in Europe overall. However, the momentum promises to remain subdued: many countries are still struggling with the repercussions of the financial market crisis, and the need for consolidation of government households is restraining...
Persistent link: https://www.econbiz.de/10010884967
First GDP estimates point to a stagnation of the Austrian economy in the third quarter of 2014. Leading economic indicators suggest that the situation will deteriorate slightly further in the coming months. So far there is no evidence of a subsequent pick-up in momentum, but there is also no...
Persistent link: https://www.econbiz.de/10011105013
Quarterly national account estimates are subject to revisions over time, to account for newly available data and new methods of computation, as well as a revision of their underlying data source. In economically turbulent periods, such as the financial and economic crisis of 2008-09, revisions...
Persistent link: https://www.econbiz.de/10011167361