Economic Environment for Austria Remains Difficult. Business Cycle Report of November 2015

Marcus Scheiblecker

WIFO Bulletin, 2015, vol. 20, issue 28, 320-329

Abstract: According to WIFO's Business Cycle Survey, business sentiment in Austria has improved further, but still does not hint to a marked upswing. Consumption has remained sluggish, whereas investment demand has picked up recently. The Austrian economy is faced with contradictory stimuli from abroad: economic slack in key emerging market economies is exerting a dampening effect, while exports to the USA are growing vigorously. In the EU as a whole and the euro area, demand for Austrian products is growing only tepidly.

Keywords: Business; Cycle; Report (search for similar items in EconPapers)
Date: 2015
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