The world economy continues to expand at a vigorous rate for the fifth year in a row, with real output growth exceeding 5 percent. Downside risks to global economic activity have increased mainly because of the aggravation of the real estate crisis in the USA, where real estate prices have been...

Due to the rising demand for quickly available economic data, the Austrian Federal Ministry of Finance requested the Austrian Institute of Economic Research to calculate rapid in-advance estimates of national quarterly GDP. Based on this, flash estimates on national accounts data have been...

In 2005, the Austrian economy grew by 1.9 percent in real terms, slightly slower than in 2004 (+2.4 percent). A weak phase in the first half gave way to growing momentum over the year, fuelled, once again, chiefly by international demand. In their role of suppliers, Austrian exporters profited...