IDEAS home Printed from https://ideas.repec.org/a/wfo/wquart/y2006i3p114-124.html
   My bibliography  Save this article

Exports and Investment Adding Momentum to Cyclical Activity. Economic Outlook for 2006 and 2007

Author

Listed:
  • Marcus Scheiblecker

    (WIFO)

  • Ewald Walterskirchen

    (WIFO)

Abstract

Austria's GDP is set to grow by 2.6 percent in 2006 and 2.1 percent in 2007. Exports, but also investment in machinery and equipment are stimulating business activity this year. The front-loading of purchases in Germany will have positive spill-over effects also in Austria in 2006. However, in 2007 the rise in the German VAT rate will have a dampening impact. Despite the jump in oil prices, headline inflation will remain moderate in 2006 and 2007. Employment is rising markedly, even the number of full-time jobs. Unemployment is declining in 2006, helped by a reinforcement of labour market policy measures; in 2007 it is set to rebound with the expected cuts in training measures.

Suggested Citation

  • Marcus Scheiblecker & Ewald Walterskirchen, 2006. "Exports and Investment Adding Momentum to Cyclical Activity. Economic Outlook for 2006 and 2007," Austrian Economic Quarterly, WIFO, vol. 11(3), pages 114-124, July.
  • Handle: RePEc:wfo:wquart:y:2006:i:3:p:114-124
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/26858
    File Function: Abstract
    Download Restriction: Payment required

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    More about this item

    Keywords

    Economic Outlook Austria;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wfo:wquart:y:2006:i:3:p:114-124. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilse Schulz). General contact details of provider: http://edirc.repec.org/data/wifooat.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.