Austrian Economy Barely Grew in Third Quarter

Sandra Steindl

WIFO Monatsberichte (monthly reports), 2008, vol. 81, issue 11, pages 803-811

Abstract: Austria's real GDP grew at a seasonally and working day adjusted quarterly rate of 0.1 percent in the third quarter of 2008 (after +0.3 percent in the second quarter). Compared with the same period last year, the growth rate was 1.5 percent (second quarter +2.2 percent). Notably the export-driven manufacturing sector has been experiencing a marked slowdown on the back of the global downturn. While activity in the construction sector has also begun to slacken, tourism is still providing a stimulus. Leading indicators suggest that the downturn in the industrial sector is likely to accelerate in the fourth quarter.

Keywords: Konjunkturbericht; Österreich (search for similar items in EconPapers)
Date: 2008

Downloads: (external link)
http://www.wifo.ac.at/wwa/jsp/index.jsp?fid=23923& ... anguage=2&language=2 Abstract (text/html)
http://www.wifo.ac.at/wwa/servlet/wwa.upload.Downl ... NJUNKTURBERICHT$.PDF full text (application/pdf)
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: http://EconPapers.repec.org/RePEc:wfo:monber:y:2008:i:11:p:803-811

Ordering information: This journal article can be ordered from
Austrian Institute of Economic Research c/o Christine Kautz P.O. Box 91 A-1103 Vienna/Austria

Access Statistics for this article

More articles in WIFO Monatsberichte (monthly reports) from WIFO
Contact information at EDIRC.
Series data maintained by Ilse Schulz ().