In the turmoil caused by the international financial crisis the global economy has, for the first time in many decades, suffered a shrinkage. Austria's economy did not escape the negative forces either. Like many other countries, Austria introduced a large range of economic policy schemes to...

The improvement in global economic conditions has now also taken full hold of the Austrian economy. Goods exports expanded at an extremely vigorous pace in the second quarter. As a consequence, industrial production surged, and capacity utilisation is again approaching its long-term average. The...

Backed by the fiscal stimulus measures adopted at home and abroad, economic activity in Austria will pick up from its low level in the second half of 2009. On annual average, GDP will nevertheless shrink by 3.4 percent compared to last year. In 2010, growth is set to remain sluggish at 1...

The economic data used in the compilation of the quarterly GDP often becomes available with some delay. This calls for revisions of data concerning quarters that already lie in the past. To provide timely information on the current economic situation first results are calculated from an...

The slow recovery of the economy observed for a few months now continues. Indicators in all major economic areas show an improvement. While this positive trend is expected to persist in the months ahead, repeated minor setbacks are likely. Signs of a self-sustaining stabilisation are lacking so...

The economic and financial crises in Asia and in Russia have had a marked impact on the economic development in Austria. Weaker export growth and, given the economic uncertainties, a feeble propensity to invest dampened GDP growth in the third quarter of 1998 to a low 2.7 percent on a...

In October, both industrial output and business surveys for the euro area show a marked improvement from the first half of the year. Notably for Germany and Italy, where GDP rose below the average in the first semester, indicators point to a rebound. In Austria, growth has been above the...

Die Konjunkturumfrage des WIFO zeigt eine neuerliche Eintrübung der Erwartungen für die Produktionstätigkeit in den kommenden Monaten. Die Einschätzung der aktuellen Auftragslage durch die Unternehmen hat sich jedoch gegenüber den Vormonaten kaum verändert. Die Befragung erfolgte im...

With a growth rate of 3.3 percent, Austria's economy performed well in 1998. The driving force of the economic upswing in the first half of the year was the boom in exports; in the early fall, however, export growth weakened considerably as a result of the international financial crisis. Even...