{"id":271280,"date":"2024-08-30T12:37:50","date_gmt":"2024-08-30T10:37:50","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/271280\/"},"modified":"2024-08-30T12:37:51","modified_gmt":"2024-08-30T10:37:51","slug":"decline-in-the-earning-power-in-austrian-manufacturing-in-2023","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/271280\/","title":{"rendered":"Decline in the Earning Power in Austrian Manufacturing in 2023"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-271280","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In 2022, the annual average cash-flow-to-sales ratio in Austrian manufacturing was 10.5 percent, just above the long-term average of 9.6 percent. According to econometric estimates by WIFO, it will have fallen to 9.6 percent in 2023. This reflects the weak economic growth in 2022. For 2024, preliminary estimates point to a further decline in profitability.","onlinedate":"20240830","lang":"German","publication_series":"","publication_date":"20240830","publication_date_year":"","publication_date_full":true,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"L25\",\"M21\"]","related_publications":"[\"b1b33cfd-5ed5-47ff-9d13-b3adc0959459\",\"7c04e064-fe9f-4a54-8afb-5ac0f64a64d2\",\"2483a054-d402-4ca6-adc4-9546deaf5515\",\"32202d02-0abf-4e3d-a5a6-8a0799a26b27\"]","pdf":271282,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"97","monthly_report_pages":"445-456","monthly_report_pages_sort":"445","issue":"8","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3491],"collaboration":"","persons":[3587,3515,12159],"persons_data":"[{\"personId\":3587,\"personName\":\"Klaus Friesenbichler\",\"organisationNames\":[]},{\"personId\":3515,\"personName\":\"Anna Strauss-Kollin\",\"organisationNames\":[]},{\"personId\":12159,\"personName\":\"Arash Robubi\",\"organisationNames\":[\"Austrian Institute for SME Research\"]}]","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>Friesenbichler, K.<\\\/span><span>, Strauss-Kollin, A.<\\\/span>, &amp; Robubi, A. (2024). <span>Ertragskraft der \u00f6sterreichischen Sachg\u00fctererzeugung 2023 r\u00fcckl\u00e4ufig<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>97<\\\/em>(8), 445-456.<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Friesenbichler K<\\\/span><span>, Strauss-Kollin A<\\\/span>, Robubi A. <span class=\\\"title\\\"><span>Ertragskraft der \u00f6sterreichischen Sachg\u00fctererzeugung 2023 r\u00fcckl\u00e4ufig<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2024 Aug 30;97(8):445-456.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{24e6773e2989469aa3e185eb5420bab6,<\\\/div><div>  title    = \\\"Ertragskraft der {\\\\\\\"o}sterreichischen Sachg{\\\\\\\"u}tererzeugung 2023 r{\\\\\\\"u}ckl{\\\\\\\"a}ufig\\\",<\\\/div><div>  abstract = \\\"2022 lag die Cash-Flow-Umsatz-Relation in der {\\\\\\\"o}sterreichischen Sachg{\\\\\\\"u}tererzeugung mit 10,5\\\\% {\\\\\\\"u}ber dem langj{\\\\\\\"a}hrigen Durchschnitt von 9,7\\\\%. 2023 ist sie nach {\\\\\\\"o}konometrischen Sch{\\\\\\\"a}tzungen des WIFO auf 9,6\\\\% gesunken. Darin spiegelt sich die Konjunkturschw{\\\\\\\"a}che des Jahres 2023. F{\\\\\\\"u}r das Jahr 2024 deuten vorl{\\\\\\\"a}ufige Sch{\\\\\\\"a}tzungen auf einen weiteren R{\\\\\\\"u}ckgang der Ertragskraft hin.\\\",<\\\/div><div>  keywords = \\\"Cash-Flow, Ertragskraft, Eigenkapital, {\\\\\\\"O}sterreich\\\",<\\\/div><div>  author   = \\\"Klaus Friesenbichler and Anna Strauss-Kollin and Arash Robubi\\\",<\\\/div><div>  year     = \\\"2024\\\",<\\\/div><div>  month    = aug,<\\\/div><div>  day      = \\\"30\\\",<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"97\\\",<\\\/div><div>  pages    = \\\"445--456\\\",<\\\/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  - Ertragskraft der \u00f6sterreichischen Sachg\u00fctererzeugung 2023 r\u00fcckl\u00e4ufig<\\\/p><p>AU  - Friesenbichler, Klaus<\\\/p><p>AU  - Strauss-Kollin, Anna<\\\/p><p>AU  - Robubi, Arash<\\\/p><p>PY  - 2024\\\/8\\\/30<\\\/p><p>Y1  - 2024\\\/8\\\/30<\\\/p><p>N2  - 2022 lag die Cash-Flow-Umsatz-Relation in der \u00f6sterreichischen Sachg\u00fctererzeugung mit 10,5% \u00fcber dem langj\u00e4hrigen Durchschnitt von 9,7%. 2023 ist sie nach \u00f6konometrischen Sch\u00e4tzungen des WIFO auf 9,6% gesunken. Darin spiegelt sich die Konjunkturschw\u00e4che des Jahres 2023. F\u00fcr das Jahr 2024 deuten vorl\u00e4ufige Sch\u00e4tzungen auf einen weiteren R\u00fcckgang der Ertragskraft hin.<\\\/p><p>AB  - 2022 lag die Cash-Flow-Umsatz-Relation in der \u00f6sterreichischen Sachg\u00fctererzeugung mit 10,5% \u00fcber dem langj\u00e4hrigen Durchschnitt von 9,7%. 2023 ist sie nach \u00f6konometrischen Sch\u00e4tzungen des WIFO auf 9,6% gesunken. Darin spiegelt sich die Konjunkturschw\u00e4che des Jahres 2023. F\u00fcr das Jahr 2024 deuten vorl\u00e4ufige Sch\u00e4tzungen auf einen weiteren R\u00fcckgang der Ertragskraft hin.<\\\/p><p>KW  - Cash-Flow<\\\/p><p>KW  - Ertragskraft<\\\/p><p>KW  - Eigenkapital<\\\/p><p>KW  - \u00d6sterreich<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 97<\\\/p><p>SP  - 445<\\\/p><p>EP  - 456<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[\"Peneder Michael\"]","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>Decline in the Earning Power in Austrian Manufacturing in 2023 - 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\/271280\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Decline in the Earning Power in Austrian Manufacturing in 2023\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/271280\/\" \/>\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=\"2024-08-30T10:37:51+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\\\/271280\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/271280\\\/\",\"name\":\"Decline in the Earning Power in Austrian Manufacturing in 2023 - 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