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Leading indicators suggest a slow recovery is under way for the Austrian and the EU economy. While notably firms in Austria's manufacturing sector have become more optimistic about the state of the economy, confidence among domestic consumers has cooled somewhat recently. Industrial activity...
Persistent link: https://www.econbiz.de/10010776419
In Austria, prospects for a pick-up in economic activity are firming. WIFO's latest Business Cycle Survey as well as the most recent expansion of production point to a gradual recovery of industrial activity. WIFO's Leading Indicator also improved for the third time. Leading indicators for the...
Persistent link: https://www.econbiz.de/10010888041
The global economy is slowly improving. After economic output in the USA and the EU contracted at a slower pace in the second quarter, industrial activity is likely to have bottomed out in the summer. The inventory cycle, along with fiscal policy measures, is also stabilising the global economy....
Persistent link: https://www.econbiz.de/10008518293
While the economies of the USA and emerging Asia and Latin America expanded markedly at the beginning of the year, economic activity in Europe and in Austria remained weak. Austria's economy stagnated in the first quarter, according to WIFO's flash estimate. The construction sector registered...
Persistent link: https://www.econbiz.de/10008587022
The recovery of the global economy continues, but its momentum has eased somewhat recently. The economy in the EU also expanded further, but with substantial differences across countries. Austria's export sector and industry benefited from the strong performance in Germany. WIFO's most recent...
Persistent link: https://www.econbiz.de/10008763446
The Austrian economy also remains tepid in a context of weak economic activity in Europe. The export-driven manufacturing sector is recovering only slowly; the production index has stabilised in recent months, although it suffered a renewed decline in May. The latest leading indicators show only...
Persistent link: https://www.econbiz.de/10010693109
Global economic activity remains weak, although leading indicators suggest that it is slowly recovering. Confidence among businesses and private households is growing also in Austria, according to WIFO's most recent business cycle survey. At the end of last year, economic momentum still remained...
Persistent link: https://www.econbiz.de/10010663916
Leading indicators suggest a slow recovery is under way for the Austrian and the EU economy. While notably firms in Austria's manufacturing sector have become more optimistic about the state of the economy, confidence among domestic consumers has cooled somewhat recently. Industrial activity...
Persistent link: https://www.econbiz.de/10010754015