English, Article edition: Growth Accelerating in the First Quarter of 2007. Business Cycle Report of May 2007 Marcus Scheiblecker; Ewald Walterskirchen

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Bookmark: http://trove.nla.gov.au/version/181916
Physical Description
  • article
Language
  • English

Edition details

Title
  • Growth Accelerating in the First Quarter of 2007. Business Cycle Report of May 2007
Author
  • Marcus Scheiblecker
  • Ewald Walterskirchen
Physical Description
  • article
Notes
  • Economic growth in Austria accelerated in the first quarter of 2007 despite the impact of the value added tax increase in Germany. Real GDP growth was 0.8 percent quarter-on-quarter and 3.2 percent year-on-year. Goods exports and investment are the main pillars of the economic upturn. Business sentiment among manufacturers is currently as optimistic as last recorded in 2000, a boom year. Retail trade also showed signs of a revival, but weak car sales and lower fuel consumption held down the result for private consumption.
  • RePEc:wfo:wquart:y:2007:i:2:p:92-99
Language
  • English
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