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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Schwache Konjunkturdynamik in den Bundesländern. Frühjahr 2023 (Weak Economic Momentum in the Federal Provinces. Spring 2023)
The Economy in the Austrian Federal Provinces, 2023, 2023, (1), 51 pages
Online since: 29.08.2023 14:00
Der anhaltende Druck auf die Verbraucherpreise kühlte die Konjunktur im Frühjahr 2023 weiter ab. Die regionalen Konjunkturindikatoren entwickelten sich zwar heterogen, insgesamt spiegelten sie aber die merkliche Stagnation der wirtschaftlichen Aktivität wider. Die regionalen Arbeitsmärkte zeigten nur mehr moderate Zuwächse in der Beschäftigung, und die Arbeitslosenzahlen entwickelten sich weniger günstig als zuvor.
Research group:Regional Economics and Spatial Analysis
Language:German

Weak Economic Momentum in the Federal Provinces. Spring 2023
The ongoing pressure on consumer prices continued to cool the economy in spring 2023. Despite regional heterogeneities, overall, the regional economic indicators reflected the stagnation of economic activity. The regional labour markets showed only moderate increases in employment, and unemployment figures developed less favourably than before.

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