WIFO Reports on Austria

The WIFO Reports on Austria are short English-language analyses of economic developments in Austria. Contributions on the topics of business cycle, competitiveness, macroeconomics, labour market, digitisation, cash flow and unit labour costs are published regularly, summarising the main developments in these areas in Austria.

The articles of the previous issues "WIFO Bulletin" and "Austrian Economic Quarterly" can be found here: WIFO Bulletin, Austrian Economic Quarterly

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Economic Assessments of Austrian Companies in the Second Wave of the COVID-19 Pandemic. Results of the WIFO-Konjunkturtest Quarterly Survey of January 2021
WIFO Reports on Austria, 2021, (4), 11 pages
Online since: 26.02.2021 0:00
In the last quarter the economic assessments by Austrian companies were determined by the second wave of the COVID-19 pandemic. In January, the economic indices were positive only in the construction industry. The WIFO-Konjunkturampel (economic traffic light) confirms this picture, showing yellow and indicating an interruption of the recovery process from summer. Accordingly, uncertainty remains high in all sectors. There are differences in the development of a capacity utilisation rates across sectors, but it remained low except for the construction industry. Companies named "insufficient demand" followed by "other obstacles" as the most important obstacles to economic activity.
JEL-Codes:E32, E66
Keywords:WIFO-Konjunkturtest (business cycle survey), quarterly data, business cycle
Research group:Industrial Economics, Innovation and International Competition – Structural Change and Regional Development
Language:English

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Professor Hans Pitlik

Function: Senior Economist, Editor WIFO-Monatsberichte and WIFO Reports on Austria

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Tatjana Weber

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