English, Article edition: Industrial Production Booming, Consumer Demand Subdued Markus Marterbauer

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Industrial Production Booming, Consumer Demand Subdued
Author
  • Markus Marterbauer
Physical Description
  • article
Notes
  • The boom in the export-oriented industry and in the construction industry is driving economic growth. While evidence from the monthly business cycle survey conducted by WIFO suggests a stabilisation of growth in the months to come, there is no indication of a deceleration. Consumption and trade, on the other hand, continue to be sluggish; their stimulation is a necessary prerequisite of a strong sustained boom. The noticeable decline in unemployment is the result of accelerating economic growth, the mild weather and the high number of persons enrolled in training programmes.
  • Konjunkturbericht Oesterreich
  • RePEc:wfo:monber:y:2006:i:12:p:839-847
Language
  • English
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