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In 2006, the Austrian economy benefited from the cyclical upswing in Europe. The implicit growth impulse translated in the course of the year into higher investment demand. Domestic demand will drive activity also in 2007, even if the "echo effect" from the positive one-off factors at work in...
Persistent link: https://www.econbiz.de/10004978389
Die Verbesserung der Weltkonjunktur strahlt 2004 auch auf die europäische Wirtschaft aus. Dank kräftiger Exportsteigerungen wächst die Wirtschaft in Österreich wie im Euro-Raum heuer um 1,9%. Im Jahr 2005 wird zwar die Zunahme des Welthandels an Schwung verlieren, in Europa dürfte jedoch...
Persistent link: https://www.econbiz.de/10004978447
GDP in Austria is growing by 3.4 percent in volume this year, ¾ percentage point above the euro area average. Strong business activity is driven by exports and has meanwhile extended to construction and equipment investment. The swift expansion of demand and output is accelerating the growth of...
Persistent link: https://www.econbiz.de/10004978459
Austria's economy is expected to expand by 2.4 percent in real terms this year, slightly faster than the euro area average. Exports and manufacturing output continue to drive activity forward, and a revival of investment in machinery and equipment is deemed imminent. Higher wage settlements and...
Persistent link: https://www.econbiz.de/10004978560
In the wake of the international economic crisis, Austrian exports have fallen precipitously year-on-year since early 2009. Yet, the fiscal counter-action taken in the industrialised countries is showing early positive effects. Not only in Austria, but in the entire euro area and the USA,...
Persistent link: https://www.econbiz.de/10004987481
For the first time since World War II, the global economy is in recession. Demand and output will fall markedly in the world's major economic zones. Also Austria should experience a fall of GDP by 2.2 percent in real terms in 2009, despite fiscal policy taking massive counter-action. While...
Persistent link: https://www.econbiz.de/10004995193
Seit dem Spätherbst 2004 lassen die Impulse aus dem Export nach, und die Sachgütererzeugung verliert an Dynamik. Die Konsumnachfrage der privaten Haushalte hat sich bislang nicht belebt. Im 2. Halbjahr 2005 könnte sich eine leichte Erholung der Konjunktur ergeben, die von einer Stabilisierung...
Persistent link: https://www.econbiz.de/10005000928
In 2008, the Austrian economy is set to grow by 2.3 percent in volume. While lively activity in manufacturing, construction and tourism boosted GDP in the first quarter more strongly than expected earlier this year, a cyclical slowdown is under way. A major factor is the unabated increase in oil...
Persistent link: https://www.econbiz.de/10005032490
Leading indicators are signalling an early revival of business activity in Austria, supported mainly by the catching up of investment so far withheld and by strengthening foreign demand from key destinations like Germany and the USA. Still, the momentum of the recovery remains muted as private...
Persistent link: https://www.econbiz.de/10010736533
Short-term prospects for the Austrian economy have little changed since the last revision of the WIFO forecast three months ago. Output in the first quarter 2014 grew as expected, albeit somewhat less than in the fourth quarter 2013. Latest leading indicators have been slightly less strong than...
Persistent link: https://www.econbiz.de/10010799087