English, Article edition: Few Signs of Business Cycle Recovery Markus Marterbauer

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Bookmark: http://trove.nla.gov.au/version/99565
Physical Description
  • article
Language
  • English

Edition details

Title
  • Few Signs of Business Cycle Recovery
Author
  • Markus Marterbauer
Physical Description
  • article
Notes
  • The weakness of domestic demand in Austria and in major trading partner countries is shaping current economic developments. Hopes for a pick-up of activity are based upon a speedier recovery in the USA which is, however, subject to considerable risks. In Austria, equipment investment and imports are receding, and industrial output is slightly below the year-earlier level. Retail sales are almost flat, while exports are rising moderately and a tentative recovery of construction activity has become visible in civil engineering. The adverse trend in overall demand is mirrored by a marked decline in employment, higher unemployment and a fall in tax revenues.
  • Business Cycle Report; Austria; Few Signs of Business Cycle Recovery
  • RePEc:wfo:monber:y:2002:i:12:p:741-742
Language
  • English
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