{"id":425851,"date":"2025-05-07T16:51:55","date_gmt":"2025-05-07T14:51:55","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/425851\/"},"modified":"2025-05-13T09:49:31","modified_gmt":"2025-05-13T07:49:31","slug":"second-year-of-recession-in-austria","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/425851\/","title":{"rendered":"Second Year of Recession in Austria"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-425851","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"The Austrian Economy in 2024","text":"The Austrian economy experienced its second consecutive year of recession in 2024. In addition to the decline in industrial activity, construction and some service sectors also weakened. The budget deficit increased to 4.7 percent of GDP due to the economic downturn and one-off measures. Despite an increase in gross real income, consumer demand from private households was sluggish. After two years of very high inflation, it slowed to an annual average of 2.9 percent in 2024.","onlinedate":"2025-05-07 14:51:58","lang":"German","publication_series":"","publication_date":"20250507","publication_date_year":"","publication_date_full":true,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"c5eeb702-afd0-4913-8ea2-bfddd694c57a\",\"33ec6f39-f226-453e-b8cc-154ca4a7bbe6\",\"d542d525-1712-40de-af46-32ce7ea7fa76\",\"f43f876f-e4b9-4ac0-93f3-002490f7e22a\",\"7e0c0ff8-4d70-47dd-aeed-d57adf117ec6\"]","pdf":425986,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"98","monthly_report_pages":"199-215","monthly_report_pages_sort":"199","issue":"4","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3500,3510],"collaboration":"","persons":[3530,3537,3872,4917,3543,3830],"persons_data":"[{\"personId\":3530,\"personName\":\"Josef Baumgartner\",\"organisationNames\":[]},{\"personId\":3537,\"personName\":\"J\u00fcrgen Bierbaumer\",\"organisationNames\":[]},{\"personId\":3872,\"personName\":\"Sandra Bilek-Steindl\",\"organisationNames\":[]},{\"personId\":4917,\"personName\":\"Benjamin Bittschi\",\"organisationNames\":[]},{\"personId\":3543,\"personName\":\"Christian Glocker\",\"organisationNames\":[]},{\"personId\":3830,\"personName\":\"Margit Schratzenstaller\",\"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\":\"
Baumgartner, J.<\\\/span>, Bierbaumer, J.<\\\/span>, Bilek-Steindl, S.<\\\/span>, Bittschi, B.<\\\/span>, Glocker, C.<\\\/span>, & Schratzenstaller, M.<\\\/span> (2025). Zweites Rezessionsjahr in \u00d6sterreich: Die \u00f6sterreichische Wirtschaft im Jahr 2024<\\\/span>. WIFO-Monatsberichte<\\\/em><\\\/span>, 98<\\\/em>(4), 199-215.<\\\/div>\",\"vancouver\":\"
Baumgartner J<\\\/span>, Bierbaumer J<\\\/span>, Bilek-Steindl S<\\\/span>, Bittschi B<\\\/span>, Glocker C<\\\/span>, Schratzenstaller M<\\\/span>. Zweites Rezessionsjahr in \u00d6sterreich: Die \u00f6sterreichische Wirtschaft im Jahr 2024<\\\/span><\\\/span><\\\/span>. WIFO-Monatsberichte<\\\/span>. 2025 May 7;98(4):199-215.<\\\/div>\",\"bibtex\":\"
@misc{7c48e4d154b14b76b84eca0e865d0aae,<\\\/div>
title = \\\"Zweites Rezessionsjahr in {\\\\\\\"O}sterreich: Die {\\\\\\\"o}sterreichische Wirtschaft im Jahr 2024\\\",<\\\/div>
abstract = \\\"Die heimische Wirtschaft durchlebte 2024 das zweite Rezessionsjahr in Folge. Neben der r{\\\\\\\"u}ckl{\\\\\\\"a}ufigen Industriekonjunktur schw{\\\\\\\"a}chelten auch die Bauwirtschaft und einige Dienstleistungsbereiche. Mit der Konjunkturschw{\\\\\\\"a}che und Sondereffekten erh{\\\\\\\"o}hte sich das Budgetdefizit auf 4,7\\\\% des BIP. Trotz gestiegener Bruttorealeinkommen verlief die Konsumnachfrage der privaten Haushalte nur schleppend. Nach zwei Jahren sehr hoher Inflation verlangsamte sich der Preisauftrieb im Jahresdurchschnitt 2024 auf 2,9\\\\%.\\\",<\\\/div>
keywords = \\\"Wirtschaftsentwicklung\\\",<\\\/div>
author = \\\"Josef Baumgartner and J{\\\\\\\"u}rgen Bierbaumer and Sandra Bilek-Steindl and Benjamin Bittschi and Christian Glocker and Margit Schratzenstaller\\\",<\\\/div>
year = \\\"2025\\\",<\\\/div>
month = may,<\\\/div>
day = \\\"7\\\",<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
volume = \\\"98\\\",<\\\/div>
pages = \\\"199--215\\\",<\\\/div>
journal = \\\"WIFO-Monatsberichte\\\",<\\\/div>

}<\\\/p><\\\/div>\",\"ris\":\"

TY - GEN<\\\/p>

T1 - Zweites Rezessionsjahr in \u00d6sterreich<\\\/p>

T2 - Die \u00f6sterreichische Wirtschaft im Jahr 2024<\\\/p>

AU - Baumgartner, Josef<\\\/p>

AU - Bierbaumer, J\u00fcrgen<\\\/p>

AU - Bilek-Steindl, Sandra<\\\/p>

AU - Bittschi, Benjamin<\\\/p>

AU - Glocker, Christian<\\\/p>

AU - Schratzenstaller, Margit<\\\/p>

PY - 2025\\\/5\\\/7<\\\/p>

Y1 - 2025\\\/5\\\/7<\\\/p>

N2 - Die heimische Wirtschaft durchlebte 2024 das zweite Rezessionsjahr in Folge. Neben der r\u00fcckl\u00e4ufigen Industriekonjunktur schw\u00e4chelten auch die Bauwirtschaft und einige Dienstleistungsbereiche. Mit der Konjunkturschw\u00e4che und Sondereffekten erh\u00f6hte sich das Budgetdefizit auf 4,7% des BIP. Trotz gestiegener Bruttorealeinkommen verlief die Konsumnachfrage der privaten Haushalte nur schleppend. Nach zwei Jahren sehr hoher Inflation verlangsamte sich der Preisauftrieb im Jahresdurchschnitt 2024 auf 2,9%.<\\\/p>

AB - Die heimische Wirtschaft durchlebte 2024 das zweite Rezessionsjahr in Folge. Neben der r\u00fcckl\u00e4ufigen Industriekonjunktur schw\u00e4chelten auch die Bauwirtschaft und einige Dienstleistungsbereiche. Mit der Konjunkturschw\u00e4che und Sondereffekten erh\u00f6hte sich das Budgetdefizit auf 4,7% des BIP. Trotz gestiegener Bruttorealeinkommen verlief die Konsumnachfrage der privaten Haushalte nur schleppend. Nach zwei Jahren sehr hoher Inflation verlangsamte sich der Preisauftrieb im Jahresdurchschnitt 2024 auf 2,9%.<\\\/p>

KW - Wirtschaftsentwicklung<\\\/p>

M3 - WIFO-Schriftenreihen<\\\/p>

VL - 98<\\\/p>

SP - 199<\\\/p>

EP - 215<\\\/p>

JO - WIFO-Monatsberichte<\\\/p>

JF - WIFO-Monatsberichte<\\\/p>

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