{"id":112588,"date":"2024-01-22T17:39:39","date_gmt":"2024-01-22T16:39:39","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/112588\/"},"modified":"2024-11-07T04:05:57","modified_gmt":"2024-11-07T03:05:57","slug":"oesterreichs-wirtschaft-im-jahr-2008-internationale-wirtschafts-und-finanzmarktkrise-belastet-heimische-konjunktur","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/112588\/","title":{"rendered":"Austria's Economy in 2008: International Economic and Financial Crisis Distresses the Domestic Economy"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-112588","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In 2008, Austria's economy grew by 1.8 percent in real terms. The year started out with a solid growth rate but ended with the country in recession. Economic stagnation in the third quarter was followed by a decline over the previous quarter of the seasonally and working day-adjusted GDP. Flagging international demand impacted on export-oriented manufacturing which recorded a perceptible check, especially in the second half of the year. In the fourth quarter, value added in the manufacturing sector fell by 1.4 percent against the previous quarter, a contraction of a scope similar to that in the autumn of 2001. The services sector constituted a stable pillar in 2008, and the tourism industry recorded a successful year. Fuelled by a steep rise in raw material prices, especially for crude oil and food products, inflation approached the 4 percent mark in summer. Once crude oil prices reversed their upward trend, inflation in turn began to recede in October. As a lagging indicator, until the end of 2008, the labour market responded only slowly to the cyclical downswing, and employment once again increased substantially in 2008.","onlinedate":"2009-04-01 02:00:00","lang":"German","publication_series":"","publication_date":"20090401","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Wirtschaftsbericht 2008 Wirtschaftssektoren Monet\u00e4rer Bereich Au\u00dfenhandel Konsum Preise L\u00f6hne Arbeitsmarkt Sachg\u00fcterproduktion Bauwirtschaft Energiewirtschaft Verkehrswirtschaft Landwirtschaft Forstwirtschaft Holzwirtschaft\"]","jelcodes":"[]","related_publications":"[]","pdf":333166,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"82","monthly_report_pages":"261-318","monthly_report_pages_sort":"261","issue":"4","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3500,3510,3491,3481,3655],"collaboration":"","persons":[3872,13585],"persons_data":"[{\"personId\":3872,\"personName\":\"Sandra Steindl\",\"organisationNames\":[]},{\"personId\":13585,\"personName\":\"et al.\",\"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>Steindl, S.<\\\/span>, &amp; et al. (2009). <span>\u00d6sterreichs Wirtschaft im Jahr 2008: Internationale Wirtschafts- und Finanzmarktkrise belastet heimische Konjunktur<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>82<\\\/em>(4), 261-318. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/35585\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/35585<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Steindl S<\\\/span>, et al. <span class=\\\"title\\\"><span>\u00d6sterreichs Wirtschaft im Jahr 2008: Internationale Wirtschafts- und Finanzmarktkrise belastet heimische Konjunktur<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2009 Apr;82(4):261-318.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{fb46e81c5c3a471595d7f4b951c6cdd3,<\\\/div><div>  title    = \\\"{\\\\\\\"O}sterreichs Wirtschaft im Jahr 2008: Internationale Wirtschafts- und Finanzmarktkrise belastet heimische Konjunktur\\\",<\\\/div><div>  abstract = \\\"Aufgrund des weltweiten Abschwungs verlangsamte sich das Wirtschaftswachstum in {\\\\\\\"O}sterreich im Jahr 2008 auf real 1,8\\\\%. Fast alle gro{\\\\ss}en Industriel{\\\\\\\"a}nder befanden sich zu Jahresende in der Rezession. W{\\\\\\\"a}hrend in der zweiten Jahresh{\\\\\\\"a}lfte 2008 besonders die heimische Exportwirtschaft und die Sachg{\\\\\\\"u}tererzeugung unter dem internationalen Nachfrageeinbruch litten, bildeten die Dienstleistungsbranchen eine stabile St{\\\\\\\"u}tze f{\\\\\\\"u}r die {\\\\\\\"o}sterreichische Konjunktur.\\\",<\\\/div><div>  keywords = \\\"Wirtschaftsbericht 2008 Wirtschaftssektoren Monet{\\\\\\\"a}rer Bereich Au{\\\\ss}enhandel Konsum Preise L{\\\\\\\"o}hne Arbeitsmarkt Sachg{\\\\\\\"u}terproduktion Bauwirtschaft Energiewirtschaft Verkehrswirtschaft Landwirtschaft Forstwirtschaft Holzwirtschaft, Wirtschaftsbericht 2008 Wirtschaftssektoren Monet{\\\\\\\"a}rer Bereich Au{\\\\ss}enhandel Konsum Preise L{\\\\\\\"o}hne Arbeitsmarkt Sachg{\\\\\\\"u}terproduktion Bauwirtschaft Energiewirtschaft Verkehrswirtschaft Landwirtschaft Forstwirtschaft Holzwirtschaft\\\",<\\\/div><div>  author   = \\\"Sandra Steindl and \\\\{et al.\\\\}\\\",<\\\/div><div>  note     = \\\"Wirtschaftsbericht 2008\\\",<\\\/div><div>  year     = \\\"2009\\\",<\\\/div><div>  month    = apr,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"82\\\",<\\\/div><div>  pages    = \\\"261--318\\\",<\\\/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  - \u00d6sterreichs Wirtschaft im Jahr 2008: Internationale Wirtschafts- und Finanzmarktkrise belastet heimische Konjunktur<\\\/p><p>AU  - Steindl, Sandra<\\\/p><p>AU  - et al., null<\\\/p><p>N1  - Wirtschaftsbericht 2008<\\\/p><p>PY  - 2009\\\/4<\\\/p><p>Y1  - 2009\\\/4<\\\/p><p>N2  - Aufgrund des weltweiten Abschwungs verlangsamte sich das Wirtschaftswachstum in \u00d6sterreich im Jahr 2008 auf real 1,8%. Fast alle gro\u00dfen Industriel\u00e4nder befanden sich zu Jahresende in der Rezession. W\u00e4hrend in der zweiten Jahresh\u00e4lfte 2008 besonders die heimische Exportwirtschaft und die Sachg\u00fctererzeugung unter dem internationalen Nachfrageeinbruch litten, bildeten die Dienstleistungsbranchen eine stabile St\u00fctze f\u00fcr die \u00f6sterreichische Konjunktur.<\\\/p><p>AB  - Aufgrund des weltweiten Abschwungs verlangsamte sich das Wirtschaftswachstum in \u00d6sterreich im Jahr 2008 auf real 1,8%. Fast alle gro\u00dfen Industriel\u00e4nder befanden sich zu Jahresende in der Rezession. W\u00e4hrend in der zweiten Jahresh\u00e4lfte 2008 besonders die heimische Exportwirtschaft und die Sachg\u00fctererzeugung unter dem internationalen Nachfrageeinbruch litten, bildeten die Dienstleistungsbranchen eine stabile St\u00fctze f\u00fcr die \u00f6sterreichische Konjunktur.<\\\/p><p>KW  - Wirtschaftsbericht 2008 Wirtschaftssektoren Monet\u00e4rer Bereich Au\u00dfenhandel Konsum Preise L\u00f6hne Arbeitsmarkt Sachg\u00fcterproduktion Bauwirtschaft Energiewirtschaft Verkehrswirtschaft Landwirtschaft Forstwirtschaft Holzwirtschaft<\\\/p><p>KW  - Wirtschaftsbericht 2008 Wirtschaftssektoren Monet\u00e4rer Bereich Au\u00dfenhandel Konsum Preise L\u00f6hne Arbeitsmarkt Sachg\u00fcterproduktion Bauwirtschaft Energiewirtschaft Verkehrswirtschaft Landwirtschaft Forstwirtschaft Holzwirtschaft<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 82<\\\/p><p>SP  - 261<\\\/p><p>EP  - 318<\\\/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) - 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