English, Article edition: Foreign Demand Still Heading Downward Georg M. Busch

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Foreign Demand Still Heading Downward
Author
  • Georg M. Busch
Physical Description
  • article
Notes
  • Following the profile in Western Europe the downturn of the Austrian business cycle came to a halt during spring. Exports and industrial output have stabilised at a level markedly lower than a year ago. However, leading indicators suggest a further weakening of foreign demand. Domestic private consumption and construction activity are holding up well. Tourism earnings in the early summer season were lower than last year. Employment is keeping a high level implying a squeeze in productivity. Consumer price inflation abated to an annual rate of 3.5 percent in July.
  • Auslandsnachfrage tendiert weiter abwärts; Foreign Demand Still Heading Downward
  • RePEc:wfo:monber:y:1993:i:9:p:448-458
Language
  • English
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