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Economic momentum in the euro area is declining further, but no signs have yet emerged of a sharp fall in output. Meanwhile, the discussion continues among European economic policymakers on measures aimed at restoring financial market confidence in the member states' fiscal management. Now also...
Persistent link: https://www.econbiz.de/10009415309
The recovery of the global economy continues, although the recovery process is uneven. Phases of strong growth are interrupted by setbacks. Differences can also be noted across countries. While the USA and Japan saw growth rebound rapidly in the fourth quarter, the EU experienced a temporary...
Persistent link: https://www.econbiz.de/10008478706
There are still no signs of a cyclical recovery in Austria. While surveys for February point to a slight pick-up in business confidence in Germany and Austria, the risks in the international economic and political environment weigh heavily on further developments. Global activity is being held...
Persistent link: https://www.econbiz.de/10004976321
The revival of global economic activity is gaining momentum. Next to the USA, the Japanese economy is for the first time showing signs of a sustained recovery with growth in the fourth quarter 2003 even exceeding that of the USA. The upward trend has so far hardly extended to the euro area;...
Persistent link: https://www.econbiz.de/10004976344
While the business cycle recovery is progressing in the USA and Japan, growth in the euro area shows few signs of heading up. Nevertheless, business surveys in Germany point to a tentative strengthening towards the end of this year. In Austria, pessimism among firms appears to be in retreat, too.
Persistent link: https://www.econbiz.de/10004976383
While economic growth was found to lose momentum in the course of 2007, the Austrian economy continued to expand at quite a vigorous pace until year-end. In the fourth quarter of 2007, real GDP rose at a seasonally and working day adjusted rate of 0.6 percent from the previous quarter. In...
Persistent link: https://www.econbiz.de/10005059325
While the USA and Latin America are increasingly sending growth signals, economic activity in China has been losing some momentum since the start of this year. The euro area continues to struggle with problems. Business surveys conducted in April once more show increased scepticism about future...
Persistent link: https://www.econbiz.de/10010681073
At the beginning of 2011, Austria's economy also benefited from favourable developments in the world economy. Seasonally and working day adjusted GDP continued to grow briskly in the first quarter of 2011 (+1 percent compared with the previous quarter). WIFO's business cycle survey reflects...
Persistent link: https://www.econbiz.de/10009140850
First GDP estimates point to a stagnation of the Austrian economy in the third quarter of 2014. Leading economic indicators suggest that the situation will deteriorate slightly further in the coming months. So far there is no evidence of a subsequent pick-up in momentum, but there is also no...
Persistent link: https://www.econbiz.de/10011105013