Activity Staying Robust, Driven by Manufacturing and Construction. Economic Outlook for 2007 and 2008
This year again, the Austrian economy is set to grow by over 3 percent, decelerating only in 2008 to an expected rate of 2½ percent. On the back of robust activity, employment is rising steadily, accompanied by a continued decline in unemployment. Wage increases remain unusually tempered for the present stage of the business cycle, weighing on consumption while holding back inflation despite the strong growth of output. Government balances enjoy a significant cyclical improvement from the revenue side.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 12 (2007)
Issue (Month): 3 (July)
|Contact details of provider:|| Postal: Arsenal Object 20, A-1030 Wien|
Phone: (+43 1) 798 26 01-0
Fax: (+43 1) 798 93 86
Web page: http://www.wifo.ac.at/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:wfo:wquart:y:2007:i:3:p:109-117. 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)
If references are entirely missing, you can add them using this form.