{"id":106870,"date":"2024-01-22T15:01:40","date_gmt":"2024-01-22T14:01:40","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/106870\/"},"modified":"2026-02-17T16:28:44","modified_gmt":"2026-02-17T15:28:44","slug":"business-cycle-recovery-delayed-economic-outlook-for-2002-and-2003-4","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/106870\/","title":{"rendered":"Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-106870","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The slide on stock markets has shaken confidence of consumers and business world-wide. The business cycle recovery is thereby being delayed. The Austrian economy is projected to grow by barely 1 percent this year, and by over 2 percent in 2003. The slow pace of activity is causing a sharp rise in unemployment and an overrun in budget deficits. The recovery expected for next year is based on the assumption of a consolidation on stock markets and an unwinding of the negative investment cycle.","onlinedate":"2002-10-30 12:00:00","lang":"English","publication_series":"","publication_date":"20021001","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Business Cycle Analyses; Outlook; Austria; Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003\"]","jelcodes":"[]","related_publications":"[]","pdf":441099,"zip":null,"link":"https:\/\/www.wifo.ac.at\/wwa\/pubid\/23044","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"7","monthly_report_pages":"156-166","monthly_report_pages_sort":"156","issue":"4","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":"2002-10-30 12:00:00","types":[183747],"research_groups":[3500],"collaboration":"","persons":[3893],"persons_data":"[{\"personId\":3893,\"personName\":\"Ewald Walterskirchen\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","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 v26.5 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Business Cycle Recovery Delayed. 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