{"id":274118,"date":"2024-11-05T13:37:37","date_gmt":"2024-11-05T12:37:37","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/274118\/"},"modified":"2024-11-07T10:09:07","modified_gmt":"2024-11-07T09:09:07","slug":"recession-in-austria-persists-stubbornly-3","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/274118\/","title":{"rendered":"Recession in Austria Persists Stubbornly"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-274118","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Economic Outlook for 2024 and 2025","text":"Austria's economy will remain in recession in 2024, with real GDP expected to fall by 0.6 percent. In 2025, WIFO expects an economic impulse from abroad. While investment in machinery and equipment will shrink over the entire forecast period, construction investment will benefit from the construction stimulus package in the coming year. Inflation will fall, real incomes will rise, and consumer demand will pick up, meaning that GDP will grow by 1 percent in 2025. However, unemployment will continue to rise. The public budget deficit is increasingly moving away from the Maastricht targets.","onlinedate":"2024-11-07 10:00:00","lang":"German","publication_series":"","publication_date":"20241107","publication_date_year":"","publication_date_full":true,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"36f6b781-9f13-497b-8ac1-f1ea076285b2\",\"9f28a70c-30bb-47bf-ac86-fd32d4537ce4\",\"9a1a00ac-d062-42bb-8d9e-68e527dd9545\",\"543fc03a-a9a2-4a70-89cb-657e3c250032\",\"62c1ed5c-a295-4f64-8a61-81212d0731b4\",\"994d29fc-bd54-4b82-a4b4-b7063366a883\"]","pdf":413358,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"97","monthly_report_pages":"535-548","monthly_report_pages_sort":"535","issue":"10","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2024-11-07 10:00:00","types":[44312],"research_groups":[3500],"collaboration":"","persons":[3865,3567],"persons_data":"[{\"personId\":3865,\"personName\":\"Stefan Schiman-Vukan\",\"organisationNames\":[]},{\"personId\":3567,\"personName\":\"Stefan Ederer\",\"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>Schiman-Vukan, S.<\\\/span><span>, &amp; Ederer, S.<\\\/span> (2024). <span>Rezession in \u00d6sterreich h\u00e4lt sich hartn\u00e4ckig: Prognose f\u00fcr 2024 und 2025<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>97<\\\/em>(10), 535-548.<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Schiman-Vukan S<\\\/span><span>, Ederer S<\\\/span>. <span class=\\\"title\\\"><span>Rezession in \u00d6sterreich h\u00e4lt sich hartn\u00e4ckig: <span class=\\\"subtitle\\\">Prognose f\u00fcr 2024 und 2025<\\\/span><\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2024 Nov 7;97(10):535-548.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{bc2f70719054420883e5b6d29a9501b3,<\\\/div><div>  title    = \\\"Rezession in {\\\\\\\"O}sterreich h{\\\\\\\"a}lt sich hartn{\\\\\\\"a}ckig: Prognose f{\\\\\\\"u}r 2024 und 2025\\\",<\\\/div><div>  abstract = \\\"{\\\\\\\"O}sterreichs Wirtschaft verharrt 2024 in der Rezession, das reale BIP sinkt um voraussichtlich 0,6\\\\%. 2025 rechnet das WIFO mit einem Konjunkturimpuls aus dem Ausland. W{\\\\\\\"a}hrend die Ausr{\\\\\\\"u}stungsinvestitionen im gesamten Prognosezeitraum schrumpfen werden, profitieren die Bauinvestitionen im kommenden Jahr vom Baukonjunkturpaket. Die Inflation geht zur{\\\\\\\"u}ck, die Realeinkommen steigen und die Konsumnachfrage wird sich beleben, sodass das BIP 2025 um 1\\\\% wachsen wird. Die Arbeitslosigkeit nimmt jedoch weiter zu. Das {\\\\\\\"o}ffentliche Budgetdefizit entfernt sich zunehmend von den Maastricht-Vorgaben.\\\",<\\\/div><div>  keywords = \\\"Konjunkturprognose\\\",<\\\/div><div>  author   = \\\"Stefan Schiman-Vukan and Stefan Ederer\\\",<\\\/div><div>  year     = \\\"2024\\\",<\\\/div><div>  month    = nov,<\\\/div><div>  day      = \\\"7\\\",<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"97\\\",<\\\/div><div>  pages    = \\\"535--548\\\",<\\\/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  - Rezession in \u00d6sterreich h\u00e4lt sich hartn\u00e4ckig<\\\/p><p>T2  - Prognose f\u00fcr 2024 und 2025<\\\/p><p>AU  - Schiman-Vukan, Stefan<\\\/p><p>AU  - Ederer, Stefan<\\\/p><p>PY  - 2024\\\/11\\\/7<\\\/p><p>Y1  - 2024\\\/11\\\/7<\\\/p><p>N2  - \u00d6sterreichs Wirtschaft verharrt 2024 in der Rezession, das reale BIP sinkt um voraussichtlich 0,6%. 2025 rechnet das WIFO mit einem Konjunkturimpuls aus dem Ausland. W\u00e4hrend die Ausr\u00fcstungsinvestitionen im gesamten Prognosezeitraum schrumpfen werden, profitieren die Bauinvestitionen im kommenden Jahr vom Baukonjunkturpaket. Die Inflation geht zur\u00fcck, die Realeinkommen steigen und die Konsumnachfrage wird sich beleben, sodass das BIP 2025 um 1% wachsen wird. Die Arbeitslosigkeit nimmt jedoch weiter zu. Das \u00f6ffentliche Budgetdefizit entfernt sich zunehmend von den Maastricht-Vorgaben.<\\\/p><p>AB  - \u00d6sterreichs Wirtschaft verharrt 2024 in der Rezession, das reale BIP sinkt um voraussichtlich 0,6%. 2025 rechnet das WIFO mit einem Konjunkturimpuls aus dem Ausland. W\u00e4hrend die Ausr\u00fcstungsinvestitionen im gesamten Prognosezeitraum schrumpfen werden, profitieren die Bauinvestitionen im kommenden Jahr vom Baukonjunkturpaket. Die Inflation geht zur\u00fcck, die Realeinkommen steigen und die Konsumnachfrage wird sich beleben, sodass das BIP 2025 um 1% wachsen wird. Die Arbeitslosigkeit nimmt jedoch weiter zu. Das \u00f6ffentliche Budgetdefizit entfernt sich zunehmend von den Maastricht-Vorgaben.<\\\/p><p>KW  - Konjunkturprognose<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 97<\\\/p><p>SP  - 535<\\\/p><p>EP  - 548<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Czaloun Astrid\",\"Steiner Martha\"]","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>Recession in Austria Persists Stubbornly - 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\/274118\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Recession in Austria Persists Stubbornly\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/274118\/\" \/>\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=\"2024-11-07T09:09:07+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\\\/274118\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/274118\\\/\",\"name\":\"Recession in Austria Persists Stubbornly - 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