The Austrian economy continued to grow strongly in 2007, gross value added increased by 3.3 percent in real terms. However, a slow-down set in during the second half of the year, with the rate of growth dropping 0.4 percentage points below the figure for the first half (+3.5 percent)....

The economic situation in 2005 lost some of its momentum in the first half of the year, but in the second half the Austrian economy saw dynamic development. The gross value added (without agriculture and forestry) rose slightly more than 2 percent in 2005. The weakening of export growth...