Darkening Sentiment. Business Cycle Report of June 2008
The Austrian economy expanded quite vigorously in the first quarter: +0.7 percent quarter-on-quarter, and +3.3 percent year-on-year. The growth rate was revised down slightly from the flash estimate released a month ago. Manufacturers' assessment of the production outlook for the coming months has d...Link(s) zu Dokument(en): | WIFO Publikation |
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Veröffentlicht in: | Austrian Economic Quarterly |
1. Verfasser: | |
Format: | article |
Sprache: | Englisch |
Veröffentlicht: |
2008
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Zusammenfassung: | The Austrian economy expanded quite vigorously in the first quarter: +0.7 percent quarter-on-quarter, and +3.3 percent year-on-year. The growth rate was revised down slightly from the flash estimate released a month ago. Manufacturers' assessment of the production outlook for the coming months has deteriorated considerably. Business expectations have fallen below their longer-term averages. |
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