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Economic output stagnated in the fourth quarter of 2014 compared with the previous quarter, according to WIFO Quarterly National Accounts. Compared with a year before, the decline was 0.2 percent. For 2014 as a whole, economic growth was 0.3 percent. The slight increase in the impetus provided...
Persistent link: https://www.econbiz.de/10011212468
The upturn in the export and manufacturing sectors is driving the economic recovery in Austria. In the fourth quarter of 2010, real GDP expanded by 0.8 percent compared with the previous quarter and by 2.7 percent compared with a year before. Investment activity is beginning to pick up, however,...
Persistent link: https://www.econbiz.de/10009140839
Indicators in the world's most important economic regions as well as in Austria point to a vigorous cyclical recovery. Surveys among domestic manufacturing companies reflect strong optimism regarding their current business situation. However, the outlook for the future suggests that the pace of...
Persistent link: https://www.econbiz.de/10009140842
Following buoyant growth from autumn 2010 onwards, global economic activity appears to be easing somewhat. While Asia is still providing a strong impetus to growth, latest data for the USA and the euro area point to continuing expansion in the second quarter, albeit at a slower pace. Economic...
Persistent link: https://www.econbiz.de/10009142095
The global economic environment continues to weaken. Notably the euro crisis has been contributing to heightened uncertainty. This is having a noticeable effect on economic activity in Austria.
Persistent link: https://www.econbiz.de/10009363228
European economic policy-makers continue to discuss which measures to take to restore financial markets' confidence in the credit-worthiness of countries with high sovereign debts. Meanwhile, borrowing costs have risen also for states with relatively low debt levels. The real economy continues...
Persistent link: https://www.econbiz.de/10009395124
Persistent link: https://www.econbiz.de/10008763438
The global economic recovery continues, although the pace of growth has recently moderated in Asia and the USA. Austria's export sector and industry are benefiting to a particular extent from the strong performance in Germany. While construction and tourism are only slowly finding a way out of...
Persistent link: https://www.econbiz.de/10008763439
Global economic activity has been slowing in recent months. Economic growth in the USA and in Europe was subdued in the second quarter, and activity in Asia was also less buoyant. Against this background, concerns about the high levels of sovereign debt of some industrialised countries increased;...
Persistent link: https://www.econbiz.de/10009292991
Economic activity in Austria remains subdued. The export-driven manufacturing sector suffers from persistently weak demand in the euro area. Trade and tourism have lately registered a decline in sales. Leading indicators point to a tentative improvement in Austria. In the EU, too, economic...
Persistent link: https://www.econbiz.de/10010687440