{"id":263294,"date":"2024-01-23T09:04:26","date_gmt":"2024-01-23T08:04:26","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/263294\/"},"modified":"2024-11-07T07:39:20","modified_gmt":"2024-11-07T06:39:20","slug":"first-increase-in-private-consumption-in-three-years-economic-outlook-for-2016-and-2017-3","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/263294\/","title":{"rendered":"First Increase in Private Consumption in Three Years. Economic Outlook for 2016 and 2017"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-263294","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Demand and output in Austria should grow by 1.7 percent in 2016, significantly above the pace recorded for the last four years and closing the growth gap vis-\u00e0-vis Germany and the euro area average. While the contribution of net trade is dragging down growth this year, domestic demand is rising substantially. Investment is lively and private households, for the first time in three years, are spending more on consumption in real terms. In 2017, stronger exports should offset some slackening in internal demand, keeping real GDP growth at 1.5 percent.","onlinedate":"2016-10-07 12:00:00","lang":"English","publication_series":"","publication_date":"20160901","publication_date_year":"","publication_date_full":false,"publication_num_pages":"14","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":412817,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"WIFO-Konjunkturprognose","publisher":"","invisible":false,"external":false,"embargo_date":"2016-10-07 12:00:00","types":[44368],"research_groups":[3500],"collaboration":"","persons":[3837],"persons_data":"[{\"personId\":3837,\"personName\":\"Marcus Scheiblecker\",\"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>Scheiblecker, M.<\\\/span> (2016). <span>First Increase in Private Consumption in Three Years. Economic Outlook for 2016 and 2017<\\\/span>. <span><em>WIFO-Konjunkturprognose<\\\/em><\\\/span>. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/59057\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/59057<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Scheiblecker M<\\\/span>. <span class=\\\"title\\\"><span>First Increase in Private Consumption in Three Years. Economic Outlook for 2016 and 2017<\\\/span><\\\/span>. <span>WIFO-Konjunkturprognose<\\\/span>. 2016 Sept.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{2a0e3f111adf4f8ca928f5e2224dd08c,<\\\/div><div>  title    = \\\"First Increase in Private Consumption in Three Years. Economic Outlook for 2016 and 2017\\\",<\\\/div><div>  abstract = \\\"Demand and output in Austria should grow by 1.7 percent in 2016, significantly above the pace recorded for the last four years and closing the growth gap vis-{\\\\`a}-vis Germany and the euro area average. While the contribution of net trade is dragging down growth this year, domestic demand is rising substantially. Investment is lively and private households, for the first time in three years, are spending more on consumption in real terms. In 2017, stronger exports should offset some slackening in internal demand, keeping real GDP growth at 1.5 percent.\\\",<\\\/div><div>  keywords = \\\"WIFO Economic Outlook\\\",<\\\/div><div>  author   = \\\"Marcus Scheiblecker\\\",<\\\/div><div>  note     = \\\"WIFO Economic Outlook September 2016 (English summary)\\\",<\\\/div><div>  year     = \\\"2016\\\",<\\\/div><div>  month    = sep,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO-Konjunkturprognose\\\",<\\\/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  - First Increase in Private Consumption in Three Years. Economic Outlook for 2016 and 2017<\\\/p><p>AU  - Scheiblecker, Marcus<\\\/p><p>N1  - WIFO Economic Outlook September 2016 (English summary)<\\\/p><p>PY  - 2016\\\/9<\\\/p><p>Y1  - 2016\\\/9<\\\/p><p>N2  - Demand and output in Austria should grow by 1.7 percent in 2016, significantly above the pace recorded for the last four years and closing the growth gap vis-\u00e0-vis Germany and the euro area average. While the contribution of net trade is dragging down growth this year, domestic demand is rising substantially. Investment is lively and private households, for the first time in three years, are spending more on consumption in real terms. In 2017, stronger exports should offset some slackening in internal demand, keeping real GDP growth at 1.5 percent.<\\\/p><p>AB  - Demand and output in Austria should grow by 1.7 percent in 2016, significantly above the pace recorded for the last four years and closing the growth gap vis-\u00e0-vis Germany and the euro area average. While the contribution of net trade is dragging down growth this year, domestic demand is rising substantially. Investment is lively and private households, for the first time in three years, are spending more on consumption in real terms. In 2017, stronger exports should offset some slackening in internal demand, keeping real GDP growth at 1.5 percent.<\\\/p><p>KW  - WIFO Economic Outlook<\\\/p><p>M3  - WIFO series<\\\/p><p>JO  - WIFO-Konjunkturprognose<\\\/p><p>JF  - WIFO-Konjunkturprognose<\\\/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>First Increase in Private Consumption in Three Years. 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