{"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. 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