Economic Recovery Continues
The slow recovery of the economy observed for a few months now continues. Indicators in all major economic areas show an improvement. While this positive trend is expected to persist in the months ahead, repeated minor setbacks are likely. Signs of a self-sustaining stabilisation are lacking so far. The stimulus spurring growth continues to emanate from government measures. Economic activity is continuing to pick up also in Austria. The tense labour market situation temporarily stabilised in late 2009. However, employment declined and unemployment began to rise again in January due to the cold weather.
Volume (Year): 83 (2010)
Issue (Month): 2 (February)
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