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First GDP estimates point to a stagnation of the Austrian economy in the third quarter of 2014. Leading economic indicators suggest that the situation will deteriorate slightly further in the coming months. So far there is no evidence of a subsequent pick-up in momentum, but there is also no...
Persistent link: https://www.econbiz.de/10011105013
Austria's real GDP contracted by 0.1 percent in the third quarter compared with the previous quarter. As a result of this development and consistent with the dismal picture painted by the leading indicators for the fourth quarter of 2014, a technical recession lies within the realms of...
Persistent link: https://www.econbiz.de/10011195931
The US economy overcame the slowdown registered at the beginning of the year in the second quarter of 2014. The high unemployment rates in some EU countries have declined slightly recently. The UK experienced continuing expansion in the second quarter of 2014, and Spain saw the upswing gain...
Persistent link: https://www.econbiz.de/10010894339
World trade growth did not accelerate further as expected in the first half of 2014, but slackened again. The reason for this development lies in the weak import demand of many emerging market economies, a consequence of the capital flight following the announced trend reversal of US monetary...
Persistent link: https://www.econbiz.de/10010936550