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The global economy continues to recover, driven mainly by the USA and emerging Asia and Latin America. The US economy expanded at a rate of 0.8 percent in the first quarter, consumption and equipment investment remained robust. In the EU and in Austria, economic activity was subdued in the first...
Persistent link: https://www.econbiz.de/10008523793
Leading indicators suggest a slow recovery is under way for the Austrian and the EU economy. While notably firms in Austria's manufacturing sector have become more optimistic about the state of the economy, confidence among domestic consumers has cooled somewhat recently. Industrial activity...
Persistent link: https://www.econbiz.de/10010744619
Economic activity in Austria remains subdued. The export-driven manufacturing sector suffers from persistently weak demand in the euro area. Trade and tourism have lately registered a decline in sales. Leading indicators point to a tentative improvement in Austria. In the EU, too, economic...
Persistent link: https://www.econbiz.de/10010687440
Leading indicators point to a slowdown in the pace of the economic downturn in Austria and the EU overall. Uncertainty among businesses and private households is gradually diminishing. In Austria, economic activity remained subdued at the end of 2012. While industry and trade activity were...
Persistent link: https://www.econbiz.de/10010663822
In Austria, prospects for a pick-up in economic activity are firming. WIFO's latest Business Cycle Survey as well as the most recent expansion of production point to a gradual recovery of industrial activity. WIFO's Leading Indicator also improved for the third time. Leading indicators for the...
Persistent link: https://www.econbiz.de/10010718048
The global economic recovery continues, although the pace of growth has recently moderated in Asia and the USA. Austria's export sector and industry are benefiting to a particular extent from the strong performance in Germany. While construction and tourism are only slowly finding a way out of...
Persistent link: https://www.econbiz.de/10008763439
Following a slowdown of economic expansion in Austria in the second quarter (+0.4 percent quarter-on-quarter, seasonally adjusted, +2.0 percent year-on-year), firms' expectations regarding business conditions in the months ahead are deteriorating further. Weak demand from major trading partners...
Persistent link: https://www.econbiz.de/10004976339
The Austrian economy expanded at a seasonally and working day adjusted rate of 0.8 percent quarter-on-quarter in the first quarter of 2008, following +0.6 percent in the fourth quarter of 2007. On a year-on-year basis, growth accelerated to 3.5 percent in real terms. Economic activity is picking...
Persistent link: https://www.econbiz.de/10004978360
Following a contraction of the Austrian economy by 0.2 percent quarter-on-quarter, seasonally and working day adjusted, in the fourth quarter of 2008 (+0.3 percent year-on-year), the slowdown in manufacturing activity continues in the first quarter of 2009. The results of the latest WIFO...
Persistent link: https://www.econbiz.de/10004995198
The Austrian economy grew at a seasonally and working day adjusted rate of 0.7 percent in real terms quarter-on-quarter in the fourth quarter of 2007. The growth rate for the year 2007 as a whole was 3.4 percent in real terms. Export-oriented production, without exception a mainstay of economic...
Persistent link: https://www.econbiz.de/10005001049