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,...