Economic Growth Remaining Subdued. Economic Outlook for 2003 and 2004

Markus Marterbauer

in WIFO Economic Outlook from WIFO

Abstract: For the third year in a row, the Austrian economy will grow by only around 1 percent in 2003. Adding to the persistent weakness of domestic demand are the economic repercussions of geo-political instability. For 2004, uncertainties are particularly large, with growth projected to stay below average (1.7 percent). Weak overall economic conditions will lead to a further rise in unemployment and a widening budget deficit.

Keywords: Outlook; Business Cycle; Forecast; Austria; Economic Growth Remaining Subdued. Economic Outlook for 2003 and 2004 (search for similar items in EconPapers)
Date: 2003
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Journal Article: Economic Growth Remaining Subdued. Economic Outlook for 2003 and 2004 (2003)
Journal Article: Economic Growth Remaining Subdued. Economic Outlook for 2003 and 2004 (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:wfo:wkprog:23785

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