In the context of the global economic slowdown, the Austrian economy has also begun to lose momentum. Following a deceleration in the pace of economic expansion in Austria already in the second quarter compared with previous quarters (+0.4 percent in real terms quarter-on-quarter), evidence presented in the latest WIFO business survey points to a further slackening of manufacturing activity. The surplus of companies assessing their order book levels as insufficient has increased further, and recent outlooks for future developments of the economic situation have deteriorated noticeably. Positive stimulus is being provided by the construction sector, currently a solid pillar of the economy.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Publisher Info
Article provided by WIFO in its journal Quarterly.
Volume (Year): 13 (2008) Issue (Month): 3 (October) Pages: 125-133 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF