The Economy in the Austrian Federal Provinces

Analysis and forecast of business cycles are core competencies of WIFO. The series "The Economy in the Austrian Federal Provinces" provides a quarterly overview of the current economic development of the Austrian federal provinces. Based on the results of WIFO forecast and reporting, this publication uses the findings of the WIFO-Konjunkturtest (business cycle survey), current labour market and tourism data as well as figures from the short-term statistics. Twice a year, the results of the WIFO Flash Estimate on the development of real gross value added in the federal provinces are included. The reporting periods are the first half of the previous year (published in February) and the past year (published in June). The last issue of the year contains a forecast of employment and unemployment by province for the next years.

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Die Wirtschaft in den Bundesländern. II. Quartal 2021 (The Economy in the Austrian Länder. Second Quarter of 2021)
The Economy in the Austrian Federal Provinces, 2021, 67 pages
Study by: Austrian Institute of Economic Research
Online since: 25.11.2021 9:00
Die wirtschaftliche Entwicklung der österreichischen Bundesländer stand im II. Quartal 2021 im Zeichen der kräftigen nationalen wie internationalen Erholung. Alle Indikatoren zur regionalen Produktions- und Beschäftigungskonjunktur zeigten im II. Quartal deutlich nach oben, die Arbeitslosigkeit war deutlich rückläufig. Im Tourismus werden massive Aufholeffekte sichtbar, insbesondere in Wien und in der Westregion betrugen die Nächtigungszahlen jedoch noch einen Bruchteil des Vorkrisenniveaus im II. Quartal 2021.
Keywords:TP_COVID, Bundesländer, Konjunkturbericht
Research group:Regional Economics and Spatial Analysis

The Economy in the Austrian Länder. Second Quarter of 2021
The economic development of the Austrian federal provinces in the second quarter of 2021 was characterised by a strong national and international recovery. All indicators of regional production and employment showed a clear upward trend in the second quarter, and unemployment declined significantly. In tourism, massive catch-up effects are visible, especially in Vienna and in the western region, however, the number of overnight stays was still a fraction of the pre-crisis level in the second quarter of 2021.

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