Cyclical Recovery in Danger of Stalling. Economic Outlook for 2004 and 2005

Markus Marterbauer

in WIFO Economic Outlook from WIFO

Abstract: Real GDP is projected to advance at a modest 1.5 percent in the current year. In the last few months, uncertainty has mounted about the further trend notably in manufacturing. The outlook for GDP growth of 2¼ percent in 2005 is particularly vague given the recent mixed signals from leading indicators. Employment growth remains insufficient against a strong increase in labour supply, with unemployment rising to a total of nearly 250,000.

Keywords: Cyclical; Recovery; in; Danger; of; Stalling.; Economic; Outlook; for; 2004; and; 2005 (search for similar items in EconPapers)
Date: 2004
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Journal Article: Cyclical Recovery in Danger of Stalling. Economic Outlook for 2004 and 2005 (2004)
Journal Article: Cyclical Recovery in Danger of Stalling. Economic Outlook for 2004 and 2005 (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:wfo:wkprog:24974

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