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Darkening Sentiment. Business Cycle Report of June 2008


  • Ewald Walterskirchen



The Austrian economy expanded quite vigorously in the first quarter: +0.7 percent quarter-on-quarter, and +3.3 percent year-on-year. The growth rate was revised down slightly from the flash estimate released a month ago. Manufacturers' assessment of the production outlook for the coming months has deteriorated considerably. Business expectations have fallen below their longer-term averages.

Suggested Citation

  • Ewald Walterskirchen, 2008. "Darkening Sentiment. Business Cycle Report of June 2008," Austrian Economic Quarterly, WIFO, vol. 13(2), pages 84-92, July.
  • Handle: RePEc:wfo:wquart:y:2008:i:2:p:84-92

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