Austria: Pessimism on the Rise

Business › Economy ♦ Published: October 13, 2012; 15:22 ♦ (Vindobona)

Regarding the economic development, Austrians expect that the downward trend will continue.

Austria: Pessimism on the Rise / Picture: © Vindobona.org

According to the opinion research institute “Spectra”, 51% of the respondents think that the economic development will be stable in the next months. Only 9% are optimistic. 33% of the interviewees anticipate an economic deterioration. Compared to the prior survey in the second quarter of 2012, about 28% of the respondents expected an economic downward trend. In 2010, only 20% had…

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