Mild Downturn in Austria
The trade conflict between China and the USA and the crisis in the automotive industry are having a negative impact on industrial activity worldwide. New strict EU emission regulations will continue to create a difficult environment in the future. However, the service sector is proving to be a strong pillar of the economy. In Austria, tourism in particular continues to expand unabated.
Empfohlene Zitation
Schiman, S. (2020). Abschwung fällt in Österreich mild aus. WIFO-Monatsberichte, 93(2), 79-86. https://www.wifo.ac.at/publication/pid/4148227.