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Growth in the emerging market economies continues to provide only weak incentives for global business activity. While the US economy follows a path of solid growth, the recovery in Europe remains tentative. Demand and output in Austria are heading up, though the upturn is lacking momentum.
Persistent link: https://www.econbiz.de/10010770379
Towards the end of 2013, activity rebounded in Austria as well as in Europe overall. However, the momentum promises to remain subdued: many countries are still struggling with the repercussions of the financial market crisis, and the need for consolidation of government households is restraining...
Persistent link: https://www.econbiz.de/10010772946
Growth in the emerging market economies continues to provide only weak incentives for global business activity. While the US economy follows a path of solid growth, the recovery in Europe remains tentative. Demand and output in Austria are heading up, though the upturn is lacking momentum.
Persistent link: https://www.econbiz.de/10010776418
Towards the end of 2013, activity rebounded in Austria as well as in Europe overall. However, the momentum promises to remain subdued: many countries are still struggling with the repercussions of the financial market crisis, and the need for consolidation of government households is restraining...
Persistent link: https://www.econbiz.de/10010776420
After a robust start into 2012, the Austrian economy is becoming more and more affected by the sluggish performance in the euro area. The drawn-out debate about the appropriate policy approach to resolve the acute sovereign debt crisis makes a short-term forecast at the present stage...
Persistent link: https://www.econbiz.de/10010888042
The global slump in business activity is leaving deep traces in the Austrian economy. On the back of a steep fall in exports and domestic investment, real GDP is set to fall by 3.4 percent in 2009, with private consumption as the only stabilising component. The measures taken worldwide in...
Persistent link: https://www.econbiz.de/10004987486
The global economic crisis leaves deep traces in the EU countries. In Austria, too, GDP will suffer a marked decline by 2.2 percent this year. While exports and investment are falling steeply, consumption will maintain a moderate upward path due to the counter-cyclical policy action taken. The...
Persistent link: https://www.econbiz.de/10004995231
Due to the rising demand for quickly available economic data, the Austrian Federal Ministry of Finance requested the Austrian Institute of Economic Research to calculate rapid in-advance estimates of national quarterly GDP. Based on this, flash estimates on national accounts data have been...
Persistent link: https://www.econbiz.de/10005001111
Austria's GDP is set to grow by 2.6 percent in 2006 and 2.1 percent in 2007. Exports, but also investment in machinery and equipment are stimulating business activity this year. The front-loading of purchases in Germany will have positive spill-over effects also in Austria in 2006. However, in...
Persistent link: https://www.econbiz.de/10005001124
The Austrian economy will continue to grow strongly this year. After an increase of 3.2 percent in 2006, GDP is expected to expand by 3 percent in real terms in 2007, with accelerating investment offsetting the gradual slowdown of export growth. Private consumption is picking up, though not by...
Persistent link: https://www.econbiz.de/10005001125