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Cyclical Activity Slackening, But No Recession. Economic Outlook for 2019 and 2020

Stefan Ederer

WIFO Bulletin, 2019, vol. 24, issue 13, 118-128

Abstract: Economic growth in Austria is gradually decelerating to a moderate pace over the forecast period. The lack of dynamism in the global economy dampens exports and manufacturing output. Yet, favourable financing conditions, fiscal stimulus and resilient private consumption provide support to economic activity. GDP is expected to grow by 1.7 percent in 2019 and 1.4 percent in 2020.

Keywords: Business Cycle; Economic Outlook; Forecast (search for similar items in EconPapers)
Date: 2019
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