English, Article edition: Cyclical Upturn Gaining Full Momentum – Solid Growth Also in 2007. Economic Outlook for 2006 and 2007 Marcus Scheiblecker

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Bookmark: http://trove.nla.gov.au/version/98419
Physical Description
  • article
Language
  • English

Edition details

Title
  • Cyclical Upturn Gaining Full Momentum – Solid Growth also in 2007. Economic Outlook for 2006 and 2007
Author
  • Marcus Scheiblecker
Physical Description
  • article
Notes
  • As from the second semester 2005, favourable business conditions worldwide have set in motion a cyclical upswing in Austria, which has been gaining strength in the current year. Demand incentives have been transmitted from exports to domestic investment, thereby fostering the sustainability of the upturn. Slackening external demand, partly related to one-off factors in Germany, will slow the overall pace of growth in 2007, although internal demand will benefit from a revival of private consumption.
  • Konjunkturprognose Österreich
  • RePEc:wfo:monber:y:2006:i:10:p:695-705
  • As from mid-2005, strong global economic activity gave impetus to Austrian exports. In early 2006, the growth impulse was transmitted to investment, as corporate spending on both equipment and construction picked up markedly. In 2007, economic growth in Austria is expected to lose some momentum, due to slackening activity abroad and temporary stimulating factors in Germany wearing off. A revival of consumer demand will, however, strengthen the domestic forces of growth.
  • RePEc:wfo:wquart:y:2006:i:4:p:156-164
Language
  • English
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