Uncertainty Weighing on Business Activity. Economic Outlook for 2015 and 2016

Christian Glocker
Additional contact information
Christian Glocker: WIFO

WIFO Bulletin, 2015, vol. 20, issue 9, 101-114

Abstract: After the slow pace recorded in 2014, growth of the Austrian economy is likely to remain modest also in early 2015. Leading indicators to date give no substantial hint for a revival of business activity. Hence, the conditions for a cyclical recovery during the first half of the year are hardly in place. More favourable developments may set in only in 2016. Apart from a rebound in global demand and output, the weak euro exchange rate and low commodity prices should give positive incentives to the domestic economy. GDP growth is expected to gradually pick up from 0.3 percent in 2014 to 0.5 percent in 2015 and 1.3 percent in 2016.

Keywords: Economic; Outlook (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/58188 abstract (text/html)
Payment required

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wfo:wblltn:y:2015:i:9:p:101-114

Access Statistics for this article

More articles in WIFO Bulletin from WIFO Contact information at EDIRC.
Bibliographic data for series maintained by Florian Mayr ().