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 Entwicklung in der Sachgütererzeugung prägt regionale Konjunktur. Herbst 2023 (Weak Development in Manufacturing Characterises the Regional Economy. Autumn 2023)
The Economy in the Austrian Federal Provinces, 2024, 2023, (3), 55 pages
Online since: 22.02.2024 16:00
Aktuelle Prognosen gehen von einem Rückgang des realen Bruttoinlandsprodukts um 0,8% im Jahr 2023 aus, wobei insbesondere der Handel, die Bauinvestitionen und die Sachgütererzeugung betroffen sind. Im III. Quartal 2023 zeigt sich ein heterogenes regionales Konjunkturbild, wobei Wien und Niederösterreich weiterhin Aufholeffekte bei den Nächtigungszahlen verzeichnen.
Keywords:Bundesländer, Konjunkturbericht
Research group:Regional Economics and Spatial Analysis

Weak Development in Manufacturing Characterises the Regional Economy. Autumn 2023
Recent forecasts predict a decline in real gross domestic product of 0.8 percent in 2023, with trade, construction investment and manufacturing particularly affected. The third quarter of 2023 shows a heterogeneous regional economic picture, with Vienna and Lower Austria continuing to record catch-up effects in the number of overnight stays.

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