The Economy in the Austrian Federal Provinces

Analysis and forecast of business cycles are core competencies of WIFO. The series "The Economy in the Austrian Federal Provinces" provides a quarterly overview of the current economic development of the Austrian federal provinces. Based on the results of WIFO forecast and reporting, this publication uses the findings of the WIFO-Konjunkturtest (business cycle survey), current labour market and tourism data as well as figures from the short-term statistics. Twice a year, the results of the WIFO Flash Estimate on the development of real gross value added in the federal provinces are included. The reporting periods are the first half of the previous year (published in February) and the past year (published in June). The last issue of the year contains a forecast of employment and unemployment by province for the next years.

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Die Wirtschaft in den Bundesländern. III. Quartal 2020 (The Economy in the Austrian Länder. Third Quarter of 2020)
The Economy in the Austrian Federal Provinces, 2021, 84 pages
Online since: 01.03.2021 0:00
 
Die Dynamik der österreichischen Wirtschaft stand im III. Quartal 2020 weiterhin im Zeichen der COVID-19-Pandemie, obgleich die Einbrüche deutlich schwächer ausfielen als im II. Quartal. Auf dem heimischen Arbeitsmarkt ging die Beschäftigung im III. Quartal im Vorjahresvergleich weiterhin zurück, und die Arbeitslosigkeit nahm weiter zu. Sämtliche Bundesländer verzeichneten empfindliche und breit gestreute wirtschaftliche Einbußen.
Research group:Regional Economics and Spatial Analysis
Language:German

The Economy in the Austrian Länder. Third Quarter of 2020
The dynamics of the Austrian economy in the third quarter of 2020 continued to be dominated by the COVID-19 pandemic, although the economic slumps were much less pronounced than in the second quarter. The domestic labour market continued to show declines in employment and rising unemployment figures, compared with the previous year. From a regional perspective, all Länder appeared to suffer from severe economic losses on a broad level.

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