English, Article edition: Austrian Economy Barely Grew in Third Quarter Sandra Steindl

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Bookmark: http://trove.nla.gov.au/version/150071
Physical Description
  • article
Language
  • English

Edition details

Title
  • Austrian Economy Barely Grew in Third Quarter
Author
  • Sandra Steindl
Physical Description
  • article
Notes
  • Austria's real GDP grew at a seasonally and working day adjusted quarterly rate of 0.1 percent in the third quarter of 2008 (after +0.3 percent in the second quarter). Compared with the same period last year, the growth rate was 1.5 percent (second quarter +2.2 percent). Notably the export-driven manufacturing sector has been experiencing a marked slowdown on the back of the global downturn. While activity in the construction sector has also begun to slacken, tourism is still providing a stimulus. Leading indicators suggest that the downturn in the industrial sector is likely to accelerate in the fourth quarter.
  • Konjunkturbericht Österreich
  • RePEc:wfo:monber:y:2008:i:11:p:803-811
Language
  • English
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