{"id":102613,"date":"2024-01-22T13:15:15","date_gmt":"2024-01-22T12:15:15","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/102613\/"},"modified":"2024-11-07T02:42:40","modified_gmt":"2024-11-07T01:42:40","slug":"atempause-im-konjunkturaufschwung","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/102613\/","title":{"rendered":"Upswing Taking a Break"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-102613","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Since mid-1989 the upward trend of demand and output has become flatter. The rise in exports has lost momentum; industrial output and orders declined according to seasonally adjusted data for August and September; the slower pace of activity is confirmed by the WIFO composite index of leading indicators. Looking closer at all the information available suggests that the business cycle is taking a short break rather than starting a downward trend. Growth projections for Western Europe have been revised upward in the OECD autumn forecasting round. Liberalization in Eastern Europe may further strengthen the business climate while its actual impact on activity will take time to materialize. In Austria, private consumption has recently been the strongest source of growth, fuelled by the net income bonus stemming from the tax reform, rising exployment and high consumer confidence. Investors also continue to be optimistic according to the latest business surveys. Employment is rising unabated by more than 50,000 year-on-year. As labour supply proves very elastic there is little change in unemployment and virtually no wage drift. Consumer prices are climbing at an annual rate of 2\u00bepercent.","onlinedate":"1989-12-01 01:00:00","lang":"German","publication_series":"","publication_date":"19891201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":306187,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"62","monthly_report_pages":"691-699","monthly_report_pages_sort":"691","issue":"12","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3500],"collaboration":"","persons":[4055],"persons_data":"[{\"personId\":4055,\"personName\":\"Georg M. Busch\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"
Busch, G. M.<\\\/span> (1989). Atempause im Konjunkturaufschwung<\\\/span>. WIFO-Monatsberichte<\\\/em><\\\/span>, 62<\\\/em>(12), 691-699. https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/7987<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"
Busch GM<\\\/span>. Atempause im Konjunkturaufschwung<\\\/span><\\\/span>. WIFO-Monatsberichte<\\\/span>. 1989 Dec;62(12):691-699.<\\\/div>\",\"bibtex\":\"
@misc{cc98cb3d88c14f4dbae096db1c6a1d57,<\\\/div>
title = \\\"Atempause im Konjunkturaufschwung\\\",<\\\/div>
abstract = \\\"Seit Mitte 1989 ist die Aufw{\\\\\\\"a}rtstendenz der Konjunktur schw{\\\\\\\"a}cher geworden. Der Warenexport ist auf einen flacheren Wachstumspfad eingeschwenkt, Produktion und Auftragseingang der Industrie waren gem{\\\\\\\"a}{\\\\ss} den saisonbereinigten Daten im August und September r{\\\\\\\"u}ckl{\\\\\\\"a}ufig. Auch der WIFO-Index der vorauseilenden Indikatoren signalisiert die langsamere Gangart der Konjunktur. Sie bedeutet aus heutiger Sicht nur eine Atempause im Wachstum von Nachfrage und Produktion, nicht aber eine Trendumkehr.\\\",<\\\/div>
keywords = \\\"Atempause im Konjunkturaufschwung; Upswing Taking a Break\\\",<\\\/div>
author = \\\"Busch, \\\\{Georg M.\\\\}\\\",<\\\/div>
year = \\\"1989\\\",<\\\/div>
month = dec,<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
volume = \\\"62\\\",<\\\/div>
pages = \\\"691--699\\\",<\\\/div>
journal = \\\"WIFO-Monatsberichte\\\",<\\\/div>

}<\\\/p><\\\/div>\",\"ris\":\"

TY - GEN<\\\/p>

T1 - Atempause im Konjunkturaufschwung<\\\/p>

AU - Busch, Georg M.<\\\/p>

PY - 1989\\\/12<\\\/p>

Y1 - 1989\\\/12<\\\/p>

N2 - Seit Mitte 1989 ist die Aufw\u00e4rtstendenz der Konjunktur schw\u00e4cher geworden. Der Warenexport ist auf einen flacheren Wachstumspfad eingeschwenkt, Produktion und Auftragseingang der Industrie waren gem\u00e4\u00df den saisonbereinigten Daten im August und September r\u00fcckl\u00e4ufig. Auch der WIFO-Index der vorauseilenden Indikatoren signalisiert die langsamere Gangart der Konjunktur. Sie bedeutet aus heutiger Sicht nur eine Atempause im Wachstum von Nachfrage und Produktion, nicht aber eine Trendumkehr.<\\\/p>

AB - Seit Mitte 1989 ist die Aufw\u00e4rtstendenz der Konjunktur schw\u00e4cher geworden. Der Warenexport ist auf einen flacheren Wachstumspfad eingeschwenkt, Produktion und Auftragseingang der Industrie waren gem\u00e4\u00df den saisonbereinigten Daten im August und September r\u00fcckl\u00e4ufig. Auch der WIFO-Index der vorauseilenden Indikatoren signalisiert die langsamere Gangart der Konjunktur. Sie bedeutet aus heutiger Sicht nur eine Atempause im Wachstum von Nachfrage und Produktion, nicht aber eine Trendumkehr.<\\\/p>

KW - Atempause im Konjunkturaufschwung; Upswing Taking a Break<\\\/p>

M3 - WIFO-Schriftenreihen<\\\/p>

VL - 62<\\\/p>

SP - 691<\\\/p>

EP - 699<\\\/p>

JO - WIFO-Monatsberichte<\\\/p>

JF - WIFO-Monatsberichte<\\\/p>

ER - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"\nUpswing Taking a Break - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/102613\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Upswing Taking a Break\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/102613\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-07T01:42:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/102613\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/102613\\\/\",\"name\":\"Upswing Taking a Break - 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