Weak Activity Persisting, but Corporate Confidence Clearly Heading up

While the business cycle recovery is progressing in the USA and Japan, growth in the euro area shows few signs of heading up. Nevertheless, business surveys in Germany point to a tentative strengthening towards the end of this year. In Austria, pessimism among firms appears to be in retreat, too.
Bibliographische Detailangaben
Link(s) zu Dokument(en):WIFO Publikation
Veröffentlicht in:WIFO Monatsberichte (monthly reports)
1. Verfasser: Marcus Scheiblecker
Format: article
Sprache:Englisch
Veröffentlicht: 2003
Schlagworte:
Beschreibung
Zusammenfassung:While the business cycle recovery is progressing in the USA and Japan, growth in the euro area shows few signs of heading up. Nevertheless, business surveys in Germany point to a tentative strengthening towards the end of this year. In Austria, pessimism among firms appears to be in retreat, too.