Heightened Uncertainty Weighing Upon Activity. Economic Outlook for 2012 and 2013
After a surprisingly robust expansion early this year, the outlook for the Austrian economy is increasingly clouded. Demand and output have slackened markedly, even if activity is holding up well given the recession in the euro area. Leading indicators point to sluggish economic growth in the near future. Against this background, GDP is projected to increase by 0.6 percent this year, slightly accelerating to 1.0 percent in 2013. In spite of new jobs being created, unemployment will continue to head up.
Volume (Year): 17 (2012)
Issue (Month): 4 (November)
|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:2012:i:4:p:231-242. 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.