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 2020 (The Economy in the Austrian Länder. Second Quarter of 2020)
The Economy in the Austrian Federal Provinces, 2020, 82 pages
Online since: 20.11.2020 0:00
Der Konjunkturverlauf wurde in Österreich im II. Quartal 2020 von der COVID-19-Pandemie und deren sozialen und ökonomischen Folgen geprägt. Insgesamt sank die Beschäftigung deutlich, die Arbeitslosigkeit stieg erheblich. Alle Bundesländer waren von der Krise stark betroffen, nach Wirtschaftssektoren ergab sich jedoch ein durchaus heterogenes Bild. So war der Rückgang der Nächtigungszahlen in den westlichen Bundesländern und in Wien besonders ausgeprägt, während die Sachgütererzeugung in Wien kaum Einbußen verzeichnete.
Research group:Regional Economics and Spatial Analysis

The Economy in the Austrian Länder. Second Quarter of 2020
The economic development in Austria in the second quarter of 2020 was dominated by the COVID-19 pandemic and its social and economic consequences. The economic impact resulted in a significant decrease in employment and considerable increases in unemployment. Regionally, all Länder were severely affected by the crisis. From a sectoral perspective, however, the picture was quite heterogeneous. For example, the declines in overnight stays in tourism were particularly pronounced in the western Länder and in Vienna, while manufacturing in Vienna appeared to be barely affected.

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