For several months, business surveys have indicated a gradual but steady improvement of firms' expectations. Opinions on the current economic situation are also somewhat more upbeat in manufacturing and substantially more so in the construction industry. A turnaround on the labour market,...

Economic activity resumed its upward trend in early 1989. Industrial output in the first two months rose 9 percent year-on-year and the backlog of orders became higher. The decline in industrial employment has come to a halt and firms have even started to increase their work force. Overall...

The revival of exports continued in the third quarter, leading to a healthy increase in manufacturing output. The latest strong rise in the euro exchange rate is not only weighing on exports, but also detracts from the euro area's attractiveness as a target for investment.

The rise in crude oil prices and more determined efforts to consolidate public finances will make for slower economic growth next year. Following a strong cyclical upswing in 2000 (+3.5 percent), activity is set to expand by a more moderate 2.8 percent in 2001.

The turmoil in Asia has barely affected the business climate in Austria. According to the business survey of January 1998, manufacturing firms have again turned more optimistic about the current upturn. The upward trend in export expectations has leveled off, however.

The slowdown in the world economy has begun to affect the Austrian economy. According to the latest business survey conducted by the WIFO in August the business outlook is again worse than in previous surveys. The level of inventories is now judged too high and the number of firms indicating...

Economic activity in Austria continues to pick up speed. After a sluggish first half of 1999 (+1.2 percent), the Austrian economy grew by 3 percent in the third quarter. Business surveys around the turn of the year continue to reflect a highly positive atmosphere. In the first quarter, the...

Das Wirtschaftswachstum wird sich in Österreich 1999 aufgrund der verringerten Dynamik der Weltwirtschaft auf 2,2% abschwächen. Der Export, der den Aufschwung lange Zeit getragen hatte, nimmt nur mäßig zu. Gestützt wird die Konjunktur durch den privaten Konsum, der von hohen...

Driven by exports and investment, demand and output in Austria are growing by 2.6 percent in volume in 2006, the highest rate since 2000. By contrast, the momentum of private consumption remains subdued, despite the boost to net incomes from the tax reform. The jump in oil prices is hardly...