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...

In the OECD countries, the recovery from the slump of 2001 was slow and painful. According to preliminary figures, these countries managed a growth in GDP of 1.3 percent in 2002, compared to 0.8 percent in 2001. In view of the geopolitical vagaries of the second half of 2002, demand for...

Im Oktober zeigen die Unternehmensumfragen im Euro-Raum eine wesentlich zuversichtlichere Einschätzung der weiteren Wirtschaftsentwicklung. Auch das Konsumentenvertrauen hat sich leicht verbessert. In Österreich verstärkte sich das Wachstum etwas, getragen vor allem von der Auslandsnachfrage....

Quarterly national accounts, based on the ESA 2nd edition concept, are for the first time available in Austria. Faced with a shortage of primary statistics that meet the quarterly demand in terms of prompt availability and accuracy, WIFO has developed an econometric model to estimate quarterly...

Following an increase by 3.1 percent in 2007, economic growth in Austria will moderate to 2 percent this year. While demand and output in the first half of 2008 were clearly more dynamic than in the euro area as a whole, the momentum has slowed steadily since the beginning of the year....

In 2007 the Austrian economy has expanded by 3.4 percent. This was the second year in a row of GDP growing by more than 3 percent. The impetus came from exports again with goods as well as services showing vivid growth rates. Investment demand accelerated in 2007 but lagged behind the dynamism...

The short-term business outlook in the euro area is surrounded by considerable uncertainty. Recent gains in exports and profits have so far not translated into higher investment and consumer spending. High oil prices constitute a further risk element. Owing to the positive incentives from the...

Die in Österreich bereits im Vorjahr verzeichnete Verlangsamung des Wirtschaftswachstums setzt sich fort. Der Wachstumsknick in den USA erhöht die Gefahr einer raschen internationalen Konjunkturabschwächung, wie sie auch die pessimistischere Einschätzung der heimischen Unternehmen im...

Die Wachstumsprognosen für 2005 und 2006 bleiben unverändert, aber das Risiko einer ungünstigeren Entwicklung ist größer geworden. Der weitere Konjunkturverlauf ist im Euro-Raum unsicher, da die Export- und Gewinnsteigerungen bisher noch nicht die erwartete Ausweitung von Investitionen und...

In an international perspective, the economy was set on a revival course in 2003. China reported continuous and brisk growth rates throughout the year, whereas the USA and Japan had to wait for the second half of the year to achieve a substantial boost of their dynamism. Real GDP in the OECD...