{"id":111416,"date":"2024-01-22T17:12:52","date_gmt":"2024-01-22T16:12:52","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/111416\/"},"modified":"2024-11-07T03:56:03","modified_gmt":"2024-11-07T02:56:03","slug":"industrial-activity-remains-lively-consumption-slowed-by-strong-inflationary-pressures-business-cycle-report-of-december-2007","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/111416\/","title":{"rendered":"Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-111416","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The Austrian economy continued to expand at a strong pace in the third quarter, with real GDP advancing at an annual rate of 3.4 percent. Manufacturing and exports, benefiting from continued strong expansion of the world economy and the high price competitiveness of Austrian companies, remained the main engines of growth. Investment has also gathered strength this year; building investment growth contracted somewhat lately, whereas business spending on machinery and equipment gained momentum. Private consumption expanded by only 1.9 percent in real terms year-on-year in the third quarter, mainly a result of weak nominal income growth. The upward drift in prices also exerted a dampening effect lately, though. Inflation reached 2.8 percent in October. Employment growth and the decline in unemployment reflect the favourable economic situation, but job vacancies are hardly rising any longer.","onlinedate":"2008-01-14 01:00:00","lang":"English","publication_series":"","publication_date":"20071201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":329515,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"12","monthly_report_pages":"199-206","monthly_report_pages_sort":"199","issue":"4","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"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> (2007). <span>Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>12<\\\/em>(4), 199-206. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/30999\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/30999<\\\/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>Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2007 Dec;12(4):199-206.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{1f7369ac812f46c3b1168f9a0896d30f,<\\\/div><div>  title    = \\\"Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007\\\",<\\\/div><div>  abstract = \\\"The Austrian economy continued to expand at a strong pace in the third quarter, with real GDP advancing at an annual rate of 3.4 percent. Manufacturing and exports, benefiting from continued strong expansion of the world economy and the high price competitiveness of Austrian companies, remained the main engines of growth. Investment has also gathered strength this year; building investment growth contracted somewhat lately, whereas business spending on machinery and equipment gained momentum. Private consumption expanded by only 1.9 percent in real terms year-on-year in the third quarter, mainly a result of weak nominal income growth. The upward drift in prices also exerted a dampening effect lately, though. Inflation reached 2.8 percent in October. Employment growth and the decline in unemployment reflect the favourable economic situation, but job vacancies are hardly rising any longer.\\\",<\\\/div><div>  author   = \\\"Markus Marterbauer\\\",<\\\/div><div>  note     = \\\"Business Cycle Report December 2007\\\",<\\\/div><div>  year     = \\\"2007\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"12\\\",<\\\/div><div>  pages    = \\\"199--206\\\",<\\\/div><div>  journal  = \\\"Austrian Economic Quarterly\\\",<\\\/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  - Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007<\\\/p><p>AU  - Marterbauer, Markus<\\\/p><p>N1  - Business Cycle Report December 2007<\\\/p><p>PY  - 2007\\\/12<\\\/p><p>Y1  - 2007\\\/12<\\\/p><p>N2  - The Austrian economy continued to expand at a strong pace in the third quarter, with real GDP advancing at an annual rate of 3.4 percent. Manufacturing and exports, benefiting from continued strong expansion of the world economy and the high price competitiveness of Austrian companies, remained the main engines of growth. Investment has also gathered strength this year; building investment growth contracted somewhat lately, whereas business spending on machinery and equipment gained momentum. Private consumption expanded by only 1.9 percent in real terms year-on-year in the third quarter, mainly a result of weak nominal income growth. The upward drift in prices also exerted a dampening effect lately, though. Inflation reached 2.8 percent in October. Employment growth and the decline in unemployment reflect the favourable economic situation, but job vacancies are hardly rising any longer.<\\\/p><p>AB  - The Austrian economy continued to expand at a strong pace in the third quarter, with real GDP advancing at an annual rate of 3.4 percent. Manufacturing and exports, benefiting from continued strong expansion of the world economy and the high price competitiveness of Austrian companies, remained the main engines of growth. Investment has also gathered strength this year; building investment growth contracted somewhat lately, whereas business spending on machinery and equipment gained momentum. Private consumption expanded by only 1.9 percent in real terms year-on-year in the third quarter, mainly a result of weak nominal income growth. The upward drift in prices also exerted a dampening effect lately, though. Inflation reached 2.8 percent in October. Employment growth and the decline in unemployment reflect the favourable economic situation, but job vacancies are hardly rising any longer.<\\\/p><p>M3  - WIFO series<\\\/p><p>VL  - 12<\\\/p><p>SP  - 199<\\\/p><p>EP  - 206<\\\/p><p>JO  - Austrian Economic Quarterly<\\\/p><p>JF  - Austrian Economic Quarterly<\\\/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>Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007 - 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\/111416\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/111416\/\" \/>\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=\"2024-11-07T02:56:03+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\\\/111416\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/111416\\\/\",\"name\":\"Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007 - WIFO\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/#website\"},\"datePublished\":\"2024-01-22T16:12:52+00:00\",\"dateModified\":\"2024-11-07T02:56:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/111416\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/111416\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/111416\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/\",\"name\":\"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/#organization\"},\"alternateName\":\"WIFO\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/#organization\",\"name\":\"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung\",\"alternateName\":\"WIFO\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/WIFO_kurz_rechts-2-1920x412.jpg\",\"contentUrl\":\"https:\\\/\\\/www.wifo.ac.at\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/WIFO_kurz_rechts-2-1920x412.jpg\",\"width\":2000,\"height\":429,\"caption\":\"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung\"},\"image\":{\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/WIFOat\\\/\",\"https:\\\/\\\/x.com\\\/WIFOat\",\"https:\\\/\\\/linkedin.com\\\/company\\\/wifoat\\\/\",\"https:\\\/\\\/www.youtube.com\\\/@WIFO_at\"],\"description\":\"Das WIFO, 1927 von Friedrich August von Hayek und Ludwig von Mises zur Konjunkturanalyse gegr\u00fcndet, ist heute das f\u00fchrende Institut f\u00fcr angewandte empirische Wirtschaftsforschung in \u00d6sterreich mit starkem Engagement auf europ\u00e4ischer Ebene.\",\"email\":\"office@wifo.ac.at\",\"telephone\":\"+43 1 798 26 01 \u2013 0\",\"legalName\":\"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung\",\"foundingDate\":\"1927-01-02\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"51\",\"maxValue\":\"200\"},\"publishingPrinciples\":\"https:\\\/\\\/www.wifo.ac.at\\\/institut\\\/mission-und-strategie\\\/\",\"ownershipFundingInfo\":\"https:\\\/\\\/www.wifo.ac.at\\\/institut\\\/organisation\\\/\",\"actionableFeedbackPolicy\":\"https:\\\/\\\/www.wifo.ac.at\\\/aktuelles\\\/presse\\\/\",\"correctionsPolicy\":\"https:\\\/\\\/www.wifo.ac.at\\\/institut\\\/kontakt\\\/\",\"ethicsPolicy\":\"https:\\\/\\\/www.wifo.ac.at\\\/institut\\\/evidenzbasierung-transparenz-und-unabhaengigkeit\\\/\",\"diversityPolicy\":\"https:\\\/\\\/www.wifo.ac.at\\\/institut\\\/gleichstellung\\\/\",\"diversityStaffingReport\":\"https:\\\/\\\/www.wifo.ac.at\\\/institut\\\/gleichstellung\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007 - WIFO","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.wifo.ac.at\/en\/publication\/111416\/","og_locale":"en_US","og_type":"article","og_title":"Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007","og_url":"https:\/\/www.wifo.ac.at\/en\/publication\/111416\/","og_site_name":"WIFO","article_publisher":"https:\/\/www.facebook.com\/WIFOat\/","article_modified_time":"2024-11-07T02:56:03+00:00","og_image":[{"width":1920,"height":1280,"url":"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@WIFOat","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.wifo.ac.at\/en\/publication\/111416\/","url":"https:\/\/www.wifo.ac.at\/en\/publication\/111416\/","name":"Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007 - WIFO","isPartOf":{"@id":"https:\/\/www.wifo.ac.at\/en\/#website"},"datePublished":"2024-01-22T16:12:52+00:00","dateModified":"2024-11-07T02:56:03+00:00","breadcrumb":{"@id":"https:\/\/www.wifo.ac.at\/en\/publication\/111416\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.wifo.ac.at\/en\/publication\/111416\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.wifo.ac.at\/en\/publication\/111416\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/www.wifo.ac.at\/en\/"},{"@type":"ListItem","position":2,"name":"Industrial Activity Remains Lively, Consumption Slowed By Strong Inflationary Pressures. Business Cycle Report of December 2007"}]},{"@type":"WebSite","@id":"https:\/\/www.wifo.ac.at\/en\/#website","url":"https:\/\/www.wifo.ac.at\/en\/","name":"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung","description":"","publisher":{"@id":"https:\/\/www.wifo.ac.at\/en\/#organization"},"alternateName":"WIFO","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.wifo.ac.at\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.wifo.ac.at\/en\/#organization","name":"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung","alternateName":"WIFO","url":"https:\/\/www.wifo.ac.at\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.wifo.ac.at\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO_kurz_rechts-2-1920x412.jpg","contentUrl":"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO_kurz_rechts-2-1920x412.jpg","width":2000,"height":429,"caption":"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung"},"image":{"@id":"https:\/\/www.wifo.ac.at\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/WIFOat\/","https:\/\/x.com\/WIFOat","https:\/\/linkedin.com\/company\/wifoat\/","https:\/\/www.youtube.com\/@WIFO_at"],"description":"Das WIFO, 1927 von Friedrich August von Hayek und Ludwig von Mises zur Konjunkturanalyse gegr\u00fcndet, ist heute das f\u00fchrende Institut f\u00fcr angewandte empirische Wirtschaftsforschung in \u00d6sterreich mit starkem Engagement auf europ\u00e4ischer Ebene.","email":"office@wifo.ac.at","telephone":"+43 1 798 26 01 \u2013 0","legalName":"\u00d6sterreichisches Institut f\u00fcr Wirtschaftsforschung","foundingDate":"1927-01-02","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"51","maxValue":"200"},"publishingPrinciples":"https:\/\/www.wifo.ac.at\/institut\/mission-und-strategie\/","ownershipFundingInfo":"https:\/\/www.wifo.ac.at\/institut\/organisation\/","actionableFeedbackPolicy":"https:\/\/www.wifo.ac.at\/aktuelles\/presse\/","correctionsPolicy":"https:\/\/www.wifo.ac.at\/institut\/kontakt\/","ethicsPolicy":"https:\/\/www.wifo.ac.at\/institut\/evidenzbasierung-transparenz-und-unabhaengigkeit\/","diversityPolicy":"https:\/\/www.wifo.ac.at\/institut\/gleichstellung\/","diversityStaffingReport":"https:\/\/www.wifo.ac.at\/institut\/gleichstellung\/"}]}},"_links":{"self":[{"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/publication\/111416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/publication"}],"about":[{"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/types\/publication"}],"version-history":[{"count":2,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/publication\/111416\/revisions"}],"predecessor-version":[{"id":329505,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/publication\/111416\/revisions\/329505"}],"acf:post":[{"embeddable":true,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/person\/4043"},{"embeddable":true,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/research_group\/3500"},{"embeddable":true,"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/publication_type\/183747"}],"wp:attachment":[{"href":"https:\/\/www.wifo.ac.at\/en\/wp-json\/wp\/v2\/media?parent=111416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}