In the USA and the euro area, the economy grew more strongly than most recently in the first quarter of 2019. Some indicators
continue to point to a slowdown. However, the economy appears to have stabilised somewhat again. In Austria, on the other
hand, growth weakened again somewhat in the first quarter. Manufacturing in particular is suffering from the global economic
downturn, while the domestic economy is developing robustly. The recovery on the labour market is gradually flattening out.
Inflation remains moderate.
Keywords:Business Cycle Report
Forschungsbereich:Makroökonomie und öffentliche Finanzen