{"id":107890,"date":"2024-01-22T15:21:41","date_gmt":"2024-01-22T14:21:41","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/107890\/"},"modified":"2026-02-17T16:32:12","modified_gmt":"2026-02-17T15:32:12","slug":"clearer-signs-of-cyclical-recovery","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/107890\/","title":{"rendered":"Clearer Signs of Cyclical Recovery"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-107890","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Surveys among industrial companies show a significant improvement of the business climate both in Austria and the euro area. Positive incentives are coming mainly from strong economic growth in the USA and in Asia, in spite of the strong euro exchange rate. Companies in manufacturing report a recovery in export orders and expect a noticeable revival of production. In the construction sector, the improvement in civil engineering is being followed by a pick-up of residential building. Despite an overall stable price level and higher real incomes, demand from private households was modest over the summer. No upturn is as yet visible on the labour market.","onlinedate":"2003-12-16 12:00:00","lang":"English","publication_series":"","publication_date":"20031201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Business Cycle Report; Austria\"]","jelcodes":"[]","related_publications":"[]","pdf":441297,"zip":null,"link":"https:\/\/www.wifo.ac.at\/wwa\/pubid\/24757","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"76","monthly_report_pages":"863-864","monthly_report_pages_sort":"863","issue":"12","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2003-12-16 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> (2003). <span>Clearer Signs of Cyclical Recovery<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>76<\\\/em>(12), 863-864. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/24757\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/24757<\\\/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>Clearer Signs of Cyclical Recovery<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2003 Dec;76(12):863-864.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{6a03501d13bc444aa7237ac5e19b2cd5,<\\\/div><div>  title    = \\\"Clearer Signs of Cyclical Recovery\\\",<\\\/div><div>  abstract = \\\"Surveys among industrial companies show a significant improvement of the business climate both in Austria and the euro area. Positive incentives are coming mainly from strong economic growth in the USA and in Asia, in spite of the strong euro exchange rate. Companies in manufacturing report a recovery in export orders and expect a noticeable revival of production. In the construction sector, the improvement in civil engineering is being followed by a pick-up of residential building. Despite an overall stable price level and higher real incomes, demand from private households was modest over the summer. No upturn is as yet visible on the labour market.\\\",<\\\/div><div>  keywords = \\\"Business Cycle Report; Austria, Business Cycle Report; Austria\\\",<\\\/div><div>  author   = \\\"Markus Marterbauer\\\",<\\\/div><div>  note     = \\\"Business Cycle Report\\\",<\\\/div><div>  year     = \\\"2003\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"76\\\",<\\\/div><div>  pages    = \\\"863--864\\\",<\\\/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  - Clearer Signs of Cyclical Recovery<\\\/p><p>AU  - Marterbauer, Markus<\\\/p><p>N1  - Business Cycle Report<\\\/p><p>PY  - 2003\\\/12<\\\/p><p>Y1  - 2003\\\/12<\\\/p><p>N2  - Surveys among industrial companies show a significant improvement of the business climate both in Austria and the euro area. Positive incentives are coming mainly from strong economic growth in the USA and in Asia, in spite of the strong euro exchange rate. Companies in manufacturing report a recovery in export orders and expect a noticeable revival of production. In the construction sector, the improvement in civil engineering is being followed by a pick-up of residential building. Despite an overall stable price level and higher real incomes, demand from private households was modest over the summer. No upturn is as yet visible on the labour market.<\\\/p><p>AB  - Surveys among industrial companies show a significant improvement of the business climate both in Austria and the euro area. Positive incentives are coming mainly from strong economic growth in the USA and in Asia, in spite of the strong euro exchange rate. Companies in manufacturing report a recovery in export orders and expect a noticeable revival of production. In the construction sector, the improvement in civil engineering is being followed by a pick-up of residential building. Despite an overall stable price level and higher real incomes, demand from private households was modest over the summer. No upturn is as yet visible on the labour market.<\\\/p><p>KW  - Business Cycle Report; Austria<\\\/p><p>KW  - Business Cycle Report; Austria<\\\/p><p>M3  - WIFO series<\\\/p><p>VL  - 76<\\\/p><p>SP  - 863<\\\/p><p>EP  - 864<\\\/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 v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Clearer Signs of Cyclical Recovery - 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\/107890\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clearer Signs of Cyclical Recovery\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/107890\/\" \/>\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=\"2026-02-17T15:32:12+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\\\/107890\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/107890\\\/\",\"name\":\"Clearer Signs of Cyclical Recovery - 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