{"id":105096,"date":"2024-01-22T14:15:31","date_gmt":"2024-01-22T13:15:31","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/105096\/"},"modified":"2024-11-07T03:02:21","modified_gmt":"2024-11-07T02:02:21","slug":"marked-slowdown-of-growth-in-europe-dampening-domestic-business-activity-economic-outlook-for-2001-and-2002-3","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/105096\/","title":{"rendered":"Marked Slowdown of Growth in Europe Dampening Domestic Business Activity. Economic Outlook for 2001 and 2002"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-105096","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Economic growth in Austria is set to decelerate from 3.3 percent in 2000 to 1.7 percent this year, and may pick up to slightly above 2 percent in 2002. The slowdown is mainly due to weaker activity in Europe which itself is the consequence of the abrupt cyclical slackening in the USA and of higher energy costs. A further deterioration of business conditions in Europe may not be excluded, given the hesitant reaction of economic policy. Domestic demand in Austria should prove relatively robust, although construction activity is showing clear signs of weakness. The projection for inflation has been revised substantially upwards, both for this year and next (2.6 and 1.9 percent, respectively). The decline in unemployment is coming to a halt.","onlinedate":"2001-07-23 12:00:00","lang":"English","publication_series":"","publication_date":"20010701","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Marked Slowdown of Growth in Europe Dampening Domestic Business Activity. Economic Outlook for 2001 and 2002\"]","jelcodes":"[]","related_publications":"[]","pdf":311886,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"74","monthly_report_pages":"409-410","monthly_report_pages_sort":"409","issue":"7","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2001-07-23 12:00:00","types":[44312],"research_groups":[3500],"collaboration":"","persons":[4043],"persons_data":"[{\"personId\":4043,\"personName\":\"Markus Marterbauer\",\"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\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Marterbauer, M.<\\\/span> (2001). <span>Marked Slowdown of Growth in Europe Dampening Domestic Business Activity. Economic Outlook for 2001 and 2002<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>74<\\\/em>(7), 409-410. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/20436\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/20436<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Marterbauer M<\\\/span>. <span class=\\\"title\\\"><span>Marked Slowdown of Growth in Europe Dampening Domestic Business Activity. Economic Outlook for 2001 and 2002<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2001 Jul;74(7):409-410.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{5070d13809814d56a9590729a2c25e31,<\\\/div><div>  title    = \\\"Marked Slowdown of Growth in Europe Dampening Domestic Business Activity. Economic Outlook for 2001 and 2002\\\",<\\\/div><div>  abstract = \\\"Economic growth in Austria is set to decelerate from 3.3 percent in 2000 to 1.7 percent this year, and may pick up to slightly above 2 percent in 2002. The slowdown is mainly due to weaker activity in Europe which itself is the consequence of the abrupt cyclical slackening in the USA and of higher energy costs. A further deterioration of business conditions in Europe may not be excluded, given the hesitant reaction of economic policy. Domestic demand in Austria should prove relatively robust, although construction activity is showing clear signs of weakness. The projection for inflation has been revised substantially upwards, both for this year and next (2.6 and 1.9 percent, respectively). The decline in unemployment is coming to a halt.\\\",<\\\/div><div>  keywords = \\\"Marked Slowdown of Growth in Europe Dampening Domestic Business Activity. Economic Outlook for 2001 and 2002, Marked Slowdown of Growth in Europe Dampening Domestic Business Activity. Economic Outlook for 2001 and 2002\\\",<\\\/div><div>  author   = \\\"Markus Marterbauer\\\",<\\\/div><div>  note     = \\\"Outlook\\\",<\\\/div><div>  year     = \\\"2001\\\",<\\\/div><div>  month    = jul,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"74\\\",<\\\/div><div>  pages    = \\\"409--410\\\",<\\\/div><div>  journal  = \\\"WIFO-Monatsberichte\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Marked Slowdown of Growth in Europe Dampening Domestic Business Activity. Economic Outlook for 2001 and 2002<\\\/p><p>AU  - Marterbauer, Markus<\\\/p><p>N1  - Outlook<\\\/p><p>PY  - 2001\\\/7<\\\/p><p>Y1  - 2001\\\/7<\\\/p><p>N2  - Economic growth in Austria is set to decelerate from 3.3 percent in 2000 to 1.7 percent this year, and may pick up to slightly above 2 percent in 2002. The slowdown is mainly due to weaker activity in Europe which itself is the consequence of the abrupt cyclical slackening in the USA and of higher energy costs. A further deterioration of business conditions in Europe may not be excluded, given the hesitant reaction of economic policy. Domestic demand in Austria should prove relatively robust, although construction activity is showing clear signs of weakness. The projection for inflation has been revised substantially upwards, both for this year and next (2.6 and 1.9 percent, respectively). The decline in unemployment is coming to a halt.<\\\/p><p>AB  - Economic growth in Austria is set to decelerate from 3.3 percent in 2000 to 1.7 percent this year, and may pick up to slightly above 2 percent in 2002. The slowdown is mainly due to weaker activity in Europe which itself is the consequence of the abrupt cyclical slackening in the USA and of higher energy costs. A further deterioration of business conditions in Europe may not be excluded, given the hesitant reaction of economic policy. Domestic demand in Austria should prove relatively robust, although construction activity is showing clear signs of weakness. The projection for inflation has been revised substantially upwards, both for this year and next (2.6 and 1.9 percent, respectively). The decline in unemployment is coming to a halt.<\\\/p><p>KW  - Marked Slowdown of Growth in Europe Dampening Domestic Business Activity. Economic Outlook for 2001 and 2002<\\\/p><p>KW  - Marked Slowdown of Growth in Europe Dampening Domestic Business Activity. Economic Outlook for 2001 and 2002<\\\/p><p>M3  - WIFO series<\\\/p><p>VL  - 74<\\\/p><p>SP  - 409<\\\/p><p>EP  - 410<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><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":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Marked Slowdown of Growth in Europe Dampening Domestic Business Activity. 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