The spring round of the WIFO Investment Survey suggests further acceleration in capital spending growth. Yet, the investment ratio for the whole economy is still below its level in previous cyclical peaks and the fast-growing industrial investment remains concentrated on basic goods sectors.

The WIFO investment survey of last autumn shows an acceleration in business fixed investment for 1990 and 1991. Particularly strong are investment intentions in the construction sector while manufacturing industry has turned a little more cautious.

In its recent investment survey, WIFO asked approximately 3,000 firms of the manufacturing sector, the construction sector and the energy sector about recent capital expenditure and plans for future investments, the development of sales, as well as their business expectations.

Investment activity remains at a high level. The WIFO Investment Survey of spring 1992 for manufacturing, construction and public utilities shows gross investment to increase by 10.5 percent (at current prices), to a level of AS 110 billion for 1992. During the previous year investment activity...

For 2003, the Austrian manufacturing industry as well as the electricity, gas, water and public transport sectors plan to invest € 6.8 billion at current prices. The plans indicate a minor increase in investment spending, up 1.8 percent compared to 2002, but slower than foreseen in...

Since 1991 the construction industry in Western Europe has suffered a decline, mostly a result of the world-wide slowdown in econmic activity. In 1991 as well as in 1992 the volume of production decreased by ½ percent, after a vigorous increase at the end of the eighties. The steepest decline...

The latest WIFO survey suggests that in 1990 industrial production will again be spurred by strong overall demand growth. The long-standing lag in productivity vis-à-vis Germany may now be closed. The pace of investment spending is expected to accelerate from +9 percent (1989, at current...