Cyclical Recovery Expected to Proceed Smoothly. Economic Outlook for 2002 and 2003

The business cycle recovery in the USA will have a positive impact on Europe already in the first half of 2002, leading to a pickup in economic growth. Activity in Austria should thus gain strength from quarter to quarter. As the recovery starts from a low level early this year, the average rate of growth in 2002 may only be 1.2 percent, before accelerating to 2.8 percent in 2003.

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Year of publication:	2002
Authors:	Walterskirchen, Ewald
Published in:	Austrian Economic Quarterly. - Österreichisches Institut für Wirtschaftsforschung (WIFO). - Vol. 7.2002, 2, p. 51-60
Publisher:	Österreichisches Institut für Wirtschaftsforschung (WIFO)
Subject:	Short-term forecast \| Austria \| Cyclical Recovery Expected to Proceed Smoothly. Economic Outlook for 2002 and 2003
Description of contents:	Abstract [wifo.ac.at]

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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