Strong Growth in Manufacturing and Sizable Employment Gains. Economic Outlook for 1998 and 1999

Driven by strong exports of goods and lively industrial activity and investment, the Austrian economy is set to grow by 3 percent in volume this year. In 1999, with private consumption becoming a major force of expansion, GDP growth should accelerate further, to an average rate of 3.2 percent. Output strength will stimulate demand for labor and push employment to a new high, while allowing unemployment to recede in 1999 for the first time since 1994.

MoreLess

Year of publication:	1998
Authors:	Marterbauer, Markus
Published in:	WIFO Monatsberichte (monthly reports). - Österreichisches Institut für Wirtschaftsforschung (WIFO), ISSN 0029-9898. - Vol. 71.1998, 7, p. 455-456
Publisher:	Österreichisches Institut für Wirtschaftsforschung (WIFO)
Description of contents:	Abstract [wifo.ac.at]
Keywords:	Strong Growth in Manufacturing and Sizable Employment Gains. Economic Outlook for 1998 and 1999

More details

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

Persistent link: https://www.econbiz.de/10004978758