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Economic Upswing Boosts Manufacturing Output and Employment. Economic Outlook for 1998 and 1999

Author

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  • Markus Marterbauer

    (WIFO)

Abstract

Economic activity in Austria will expand by 2¾ percent in 1998 and 3 percent in 1999. The main forces driving the economy are the solid expansion in merchandise exports and the revival in investment and consumer expenditures. Employment is growing rapidly and is expected to reach a new record high. Unemployment persists, however, at a high level.

Suggested Citation

  • Markus Marterbauer, 1998. "Economic Upswing Boosts Manufacturing Output and Employment. Economic Outlook for 1998 and 1999," WIFO Monatsberichte (monthly reports), WIFO, vol. 71(4), pages 227-228, April.
  • Handle: RePEc:wfo:monber:y:1998:i:4:p:227-228
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