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Heightened Uncertainty Weighing Upon Activity. Economic Outlook for 2012 and 2013

Author

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  • Christian Glocker

    (WIFO)

Abstract

After a surprisingly robust expansion early this year, the outlook for the Austrian economy is increasingly clouded. Demand and output have slackened markedly, even if activity is holding up well given the recession in the euro area. Leading indicators point to sluggish economic growth in the near future. Against this background, GDP is projected to increase by 0.6 percent this year, slightly accelerating to 1.0 percent in 2013. In spite of new jobs being created, unemployment will continue to head up.

Suggested Citation

  • Christian Glocker, 2012. "Heightened Uncertainty Weighing Upon Activity. Economic Outlook for 2012 and 2013," Austrian Economic Quarterly, WIFO, vol. 17(4), pages 231-242, November.
    • Handle: RePEc:wfo:wquart:y:2012:i:4:p:231-242
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    Cited by:

    1. Michael Klien & Andrea Kunnert, 2014. "Baubewilligungen für Wohneinheiten in Österreich. Prognose 2014 und 2015," WIFO Studies, WIFO, number 58602, February.
    2. Jürgen Janger & Julia Bock-Schappelwein & Michael Böheim & Ulrike Famira-Mühlberger & Thomas Horvath & Daniela Kletzan-Slamanig & Stefan Schönfelder & Margit Schratzenstaller & Maria M. Hofmarcher-Hol, 2014. "Monitoring of Austria's Efforts Within the Europe 2020 Strategy. Update 2013-14," WIFO Studies, WIFO, number 47415, February.
    3. Michael Klien & Andrea Kunnert, 2015. "Baubewilligungen für neue Wohneinheiten in Österreich. Prognose 2014 bis 2016," WIFO Studies, WIFO, number 58604, February.
    4. Dieter Pennerstorfer & Andrea Kunnert & Peter Huber, 2014. "Baubewilligungen für Wohneinheiten in Österreich. Prognose 2014 und 2015 und regionale Entwicklung 2008 bis 2013," WIFO Studies, WIFO, number 58601, February.
    5. Jürgen Janger & Julia Bock-Schappelwein & Thomas Horvath & Ina Meyer, 2013. "Monitoring Austria's Efforts Within the Europe 2020 Strategy," WIFO Studies, WIFO, number 46950, February.
    6. Andrea Kunnert, 2013. "Baubewilligungen für Wohneinheiten in Österreich: Prognose 2012/2014 und regionale Entwicklung 2006/2011," WIFO Studies, WIFO, number 46678, February.
    7. Andrea Kunnert, 2013. "Baubewilligungen für Wohneinheiten in Österreich: Prognose 2012/13 und regionale Entwicklung 2006/2011. Teilbericht 2," WIFO Studies, WIFO, number 67110, February.
    8. Michael Klien & Andrea Kunnert, 2014. "Baubewilligungen für neue Wohneinheiten in Österreich. Prognose 2014 und 2015," WIFO Studies, WIFO, number 58603, February.

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    Keywords

    Economic Outlook Austria;

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