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The weakness of domestic demand in Austria and in major trading partner countries is shaping current economic … considerable risks. In Austria, equipment investment and imports are receding, and industrial output is slightly below the year … has become visible in civil engineering. The adverse trend in overall demand is mirrored by a marked decline in employment …
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lead to a further rise in unemployment and a widening budget deficit. …
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Surveys among industrial companies show a significant improvement of the business climate both in Austria and the euro …
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particular the construction sector is in a crisis, affecting building of new structures and civil engineering alike. Unemployment …
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other hand, is still subdued. Employment is below, the number of job-seekers significantly above the year-earlier level. The … Germany. In Austria, the pick-up in business activity is largely driven by exports, whereas domestic demand is still weak, as …-on-year. Employment is also down in large parts of manufacturing industry, where last year's fall in output is being reflected in the …
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Business surveys for the basic goods and the technical manufactures sector point to a cyclical recovery in Austria …
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The Austrian economy continues to suffer from sluggish demand. Export growth is declining and industrial enterprises tend to remain pessimistic about their business opportunities. Consumer demand is unlikely to stimulate the economy. The construction industry, however, is on the upswing.
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