{"id":119516,"date":"2024-01-22T22:34:32","date_gmt":"2024-01-22T21:34:32","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/119516\/"},"modified":"2024-11-07T05:05:25","modified_gmt":"2024-11-07T04:05:25","slug":"slight-reduction-in-cash-flow-to-sales-ratio-profitability-of-austrian-manufacturing-in-2013","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/119516\/","title":{"rendered":"Slight Reduction in Cash-Flow-to-Sales Ratio. Profitability of Austrian Manufacturing in 2013"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-119516","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In 2013, the cash-flow-to-sales ratio of the Austrian manufacturing sector reached an estimated 9.0 percent, a value significantly below the long-run average of 9.6 percent. The persistently muted performance of the manufacturing sector has affected the cash-flow-to-sales ratio, which declined substantially in the aftermath of the financial crisis. The sector's real value added growth amounted to a mere 1.2 percent in 2012 and 2013. According to the estimates of a dynamic panel-econometric model at industry level, the cash-flow-to-sales ratio in manufacturing declined slightly against 2012 (2012: 9.2 percent).","onlinedate":"2014-11-10 12:00:00","lang":"English","publication_series":"","publication_date":"20141101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Austria\",\"Cash Flow\",\"Earning Power\",\"Equity\"]","jelcodes":"[]","related_publications":"[]","pdf":354196,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"19","monthly_report_pages":"110-120","monthly_report_pages_sort":"110","issue":"12","journal":"WIFO Bulletin","publisher":"","invisible":false,"external":false,"embargo_date":"2014-11-10 12:00:00","types":[50590],"research_groups":[3491],"collaboration":"","persons":[3607,3587,12181],"persons_data":"[{\"personId\":3607,\"personName\":\"Werner H\u00f6lzl\",\"organisationNames\":[]},{\"personId\":3587,\"personName\":\"Klaus S. 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Profitability of Austrian Manufacturing in 2013 - 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\/119516\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Slight Reduction in Cash-Flow-to-Sales Ratio. 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