{"id":55069,"date":"2023-12-01T18:32:28","date_gmt":"2023-12-01T17:32:28","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/economic-recovery-is-on-the-horizon-high-economic-risks-due-to-rising-covid-19-infections-business-cycle-report-of-august-2020\/"},"modified":"2024-11-07T06:20:29","modified_gmt":"2024-11-07T05:20:29","slug":"economic-recovery-is-on-the-horizon-high-economic-risks-due-to-rising-covid-19-infections-business-cycle-report-of-august-2020","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/55069\/","title":{"rendered":"Economic Recovery is on the Horizon \u2013 High Economic Risks Due to Rising COVID-19 Infections. Business Cycle Report of August 2020"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-55069","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In Austria, economic output fell in the first half of 2020 due to the measures taken to contain the COVID-19 pandemic. A decline of 2.4 percent compared to the previous period in the first quarter was followed by a contraction of 10.7 percent in the second quarter (seasonally adjusted according to Eurostat standard). Although companies continue to assess the current situation unfavourably in surveys, expectation indicators in particular have improved. Economic risks have recently been pointing more strongly downwards again due to the recent increase in the number of infections.","onlinedate":"2020-09-02 12:00:00","lang":"English","publication_series":"","publication_date":"20200801","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":384313,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"25","monthly_report_pages":"59-66","monthly_report_pages_sort":"59","issue":"7","journal":"WIFO Bulletin","publisher":"","invisible":false,"external":false,"embargo_date":"2020-09-02 12:00:00","types":[50590],"research_groups":[3500],"collaboration":"","persons":[3543],"persons_data":"[{\"personId\":3543,\"personName\":\"Christian Glocker\",\"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>Glocker, C.<\\\/span> (2020). <span>Economic Recovery is on the Horizon \u2013 High Economic Risks Due to Rising COVID-19 Infections. Business Cycle Report of August 2020<\\\/span>. <span><em>WIFO Bulletin<\\\/em><\\\/span>, <em>25<\\\/em>(7), 59-66. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/66319\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/66319<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Glocker C<\\\/span>. <span class=\\\"title\\\"><span>Economic Recovery is on the Horizon \u2013 High Economic Risks Due to Rising COVID-19 Infections. Business Cycle Report of August 2020<\\\/span><\\\/span>. <span>WIFO Bulletin<\\\/span>. 2020 Aug;25(7):59-66.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{8b10e31506ad473f97479bb841d1d759,<\\\/div><div>  title    = \\\"Economic Recovery is on the Horizon \u2013 High Economic Risks Due to Rising COVID-19 Infections. Business Cycle Report of August 2020\\\",<\\\/div><div>  abstract = \\\"In Austria, economic output fell in the first half of 2020 due to the measures taken to contain the COVID-19 pandemic. A decline of 2.4 percent compared to the previous period in the first quarter was followed by a contraction of 10.7 percent in the second quarter (seasonally adjusted according to Eurostat standard). Although companies continue to assess the current situation unfavourably in surveys, expectation indicators in particular have improved. Economic risks have recently been pointing more strongly downwards again due to the recent increase in the number of infections.\\\",<\\\/div><div>  keywords = \\\"Business Cycle, Economic Outlook, Forecast\\\",<\\\/div><div>  author   = \\\"Christian Glocker\\\",<\\\/div><div>  note     = \\\"Economic Recovery is on the Horizon \u2013 High Economic Risks Due to Rising COVID-19 Infections. Business Cycle Report of August 2020\\\",<\\\/div><div>  year     = \\\"2020\\\",<\\\/div><div>  month    = aug,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"25\\\",<\\\/div><div>  pages    = \\\"59--66\\\",<\\\/div><div>  journal  = \\\"WIFO Bulletin\\\",<\\\/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  - Economic Recovery is on the Horizon \u2013 High Economic Risks Due to Rising COVID-19 Infections. Business Cycle Report of August 2020<\\\/p><p>AU  - Glocker, Christian<\\\/p><p>N1  - Economic Recovery is on the Horizon \u2013 High Economic Risks Due to Rising COVID-19 Infections. Business Cycle Report of August 2020<\\\/p><p>PY  - 2020\\\/8<\\\/p><p>Y1  - 2020\\\/8<\\\/p><p>N2  - In Austria, economic output fell in the first half of 2020 due to the measures taken to contain the COVID-19 pandemic. A decline of 2.4 percent compared to the previous period in the first quarter was followed by a contraction of 10.7 percent in the second quarter (seasonally adjusted according to Eurostat standard). Although companies continue to assess the current situation unfavourably in surveys, expectation indicators in particular have improved. Economic risks have recently been pointing more strongly downwards again due to the recent increase in the number of infections.<\\\/p><p>AB  - In Austria, economic output fell in the first half of 2020 due to the measures taken to contain the COVID-19 pandemic. 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