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be expected, given the subdued business climate world-wide. GDP growth for Austria, as well as for the euro area, is …
Persistent link: https://www.econbiz.de/10005019923
The business cycle recovery in the USA will give early incentives to activity in Europe during the first half of 2001, leading to a marked revival of demand and output growth. Such expectations are confirmed by survey results and statistical data collected over the past few months. The WIFO...
Persistent link: https://www.econbiz.de/10005020060
Results from the WIFO business survey have shown a tentative upward trend since early this year, interrupted by occasional reversals. In the fourth quarter, confidence has improved in the manufacturing sector. All indicators currently point to a slow recovery, but not to a proper upturn.
Persistent link: https://www.econbiz.de/10005020210
For several months, business surveys have indicated a gradual but steady improvement of firms' expectations. Opinions on the current economic situation are also somewhat more upbeat in manufacturing and substantially more so in the construction industry. A turnaround on the labour market,...
Persistent link: https://www.econbiz.de/10004974812
No signs are currently visible of a cyclical recovery in Europe. Survey results for Austria as for the whole EU suggest …
Persistent link: https://www.econbiz.de/10004975410
. In Austria too, confidence in the business sector has been growing for months. In particular, production expectations and … last year. In an international comparison, Austria claims a high rank in terms of price stability: on the Harmonised … the changeover to euro cash money may have added to inflation, that has not been the case in Austria. As could be expected …
Persistent link: https://www.econbiz.de/10004975431
The Austrian economy is set to grow by slightly less than 1 percent this year and by over 2 percent in 2003. The risks surrounding the recovery of the business cycle, to which WIFO had pointed in its forecast of last June, have materialised. The slide in stock market values has undermined...
Persistent link: https://www.econbiz.de/10004976238
Persistent link: https://www.econbiz.de/10004976458
. If, however, the positive expectations are confirmed, Europe has managed to avoid a recession. In Austria also, the …
Persistent link: https://www.econbiz.de/10004978510
The Austrian economy is expected to grow by slightly over 1 percent this year, and by more than 2½ percent in 2003. This projection by WIFO has been upheld since last December. It is supported by a tentative rebound in activity in the first quarter and the recent trend in leading indicators....
Persistent link: https://www.econbiz.de/10004978766