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Economic Environment for Austria Remains Difficult. Business Cycle Report of November 2015

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  • Marcus Scheiblecker

Abstract

According to WIFO's Business Cycle Survey, business sentiment in Austria has improved further, but still does not hint to a marked upswing. Consumption has remained sluggish, whereas investment demand has picked up recently. The Austrian economy is faced with contradictory stimuli from abroad: economic slack in key emerging market economies is exerting a dampening effect, while exports to the USA are growing vigorously. In the EU as a whole and the euro area, demand for Austrian products is growing only tepidly.

Suggested Citation

  • Marcus Scheiblecker, 2015. "Economic Environment for Austria Remains Difficult. Business Cycle Report of November 2015," WIFO Bulletin, WIFO, vol. 20(28), pages 320-329, December.
  • Handle: RePEc:wfo:wblltn:y:2015:i:28:p:320-329
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    Business Cycle Report;

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