During the last few months, output in Austria's manufacturing industry expanded vigorously; in April, for the first time in
many years, the number of jobs in manufacturing increased. The Asian crisis has barely impaired the business climate. At the
beginning of the year, output in the construction industry was also significantly higher than in the previous year, but this
gain was mainly due to clement weather.
Forschungsbereich:Makroökonomie und europäische Wirtschaftspolitik