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. IV. Quartal 2020 (The Economy in the Austrian Länder. Fourth Quarter of 2020)
The Economy in the Austrian Federal Provinces, 2021, 88 pages
Study by: Austrian Institute of Economic Research
Online since: 01.06.2021 0:00
Die konjunkturelle Entwicklung in Österreich wird im IV. Quartal 2020 weiterhin von der COVID-19-Pandemie bestimmt, was sich besonders deutlich in empfindlichen Rückgängen der Nächtigungen im Tourismus zeigt. Die Lage auf dem heimischen Arbeitsmarkt bleibt somit weiterhin angespannt. Regional verzeichneten alle Bundesländer wirtschaftliche Einbußen auf einer breiten sektoralen Basis.
Keywords:TP_COVID, Bundesländer, Konjunkturbericht
Research group:Regional Economics and Spatial Analysis

The Economy in the Austrian Länder. Fourth Quarter of 2020
The economic development in Austria in the fourth quarter of 2020 is predominantly determined by the COVID-19 pandemic, which is particularly evident in the sharp decline in over-night stays in the tourism sector. The situation on the domestic labour market thus remains tense. Regionally, all federal provinces recorded economic losses on a broad sectoral level.

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