Cyclical Recovery Expected to Proceed Smoothly. Economic Outlook for 2002 and 2003

Ewald Walterskirchen
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Ewald Walterskirchen: WIFO

Austrian Economic Quarterly, 2002, vol. 7, issue 2, 51-60

Abstract: The business cycle recovery in the USA will have a positive impact on Europe already in the first half of 2002, leading to a pickup in economic growth. Activity in Austria should thus gain strength from quarter to quarter. As the recovery starts from a low level early this year, the average rate of growth in 2002 may only be 1.2 percent, before accelerating to 2.8 percent in 2003.

Keywords: Short-term forecast; Austria; Cyclical Recovery Expected to Proceed Smoothly. Economic Outlook for 2002 and 2003 (search for similar items in EconPapers)
Date: 2002
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