Gross value added grew at a slow rate everywhere in Austria, due to the fact that exports, the traditional drivers of growth, failed as propellant. The brightening of national and international prospects in the second half of the year helped industrial regions, gaining them a slight growth edge...

The economic situation in 2005 lost some of its momentum in the first half of the year, but in the second half the Austrian economy saw dynamic development. The gross value added (without agriculture and forestry) rose slightly more than 2 percent in 2005. The weakening of export growth...

While in the first half of 2008 economic conditions were still very favourable in Austria, an economic downturn set in midyear and gained strength towards the end of 2008. This peculiar growth pattern implies that economic indicators for the year 2008 do not fully reflect the extent of the...

After two years of highly dynamic growth in Austria, the global slowdown impacted in 2012 when Austria's economy managed just a relatively minor increase of its real GDP (+0.8 percent). With a few exceptions, all the economic sectors reported value-added growth rates lower than those of the...

With demand for investment once again on the rise and foreign trade (in goods) briskly growing across much of 2011, the Länder with a large share of industrial production were favoured over those more focused on services. Upper Austria and Styria again vied for first place in economic growth,...

With exports and manufacturing gearing up again in Austria, regional differences in growth rates as they had prevailed before the crisis showed up again in 2010. Fuelled by good export rates and considering their lower level to start with Styria and Upper Austria, which had been gravely affected...

The Agreement Governing Cross-border Commuting in Burgenland, concluded by Austria and Hungary in 1998, opened the doors for an influx of some 2,400 Hungarian cross-border commuters to the labour market in Burgenland. It attracted individuals whose success on the Austrian labour market surpassed...

Lower Austria has been the fastest growing Austrian province since 1988. This growth has been favored by the opening of the borders of Lower Austria's Central and Eastern European neighbors, the relocation of economic activities from Vienna to the suburban areas of Lower Austria as well as...

The Austrian economy continued to grow strongly in 2007, gross value added increased by 3.3 percent in real terms. However, a slow-down set in during the second half of the year, with the rate of growth dropping 0.4 percentage points below the figure for the first half (+3.5 percent)....

The crisis-ridden countries of southern Europe find themselves in a situation comparable to the one of flagging regions within a country: both are members of a currency union – the euro area in the first case, and the common national currency in the second. In both cases, a key policy...