Darkening Sentiment. Business Cycle Report of June 2008

Ewald Walterskirchen
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Ewald Walterskirchen: WIFO

Austrian Economic Quarterly, 2008, vol. 13, issue 2, 84-92

Abstract: The Austrian economy expanded quite vigorously in the first quarter: +0.7 percent quarter-on-quarter, and +3.3 percent year-on-year. The growth rate was revised down slightly from the flash estimate released a month ago. Manufacturers' assessment of the production outlook for the coming months has deteriorated considerably. Business expectations have fallen below their longer-term averages.

Date: 2008
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