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Austrian Industrial Sector: Uncertainties Grow Massively
Due to the economic slowdown, the degree of predictability is declining. The industrial output tends to stagnate.
Austrian Industrial Sector: Uncertainties Grow Massively / Picture: © Vindobona.org
“The economic development of the Austrian industries is covered by the growing uncertainty. This causes a decrease in exports and the propensity to invest. Martin Engelmann, chairman of the WKO´s (Chamber of Austrian Commerce) industrial sector, explains. For businesses, this means that the predictability is declining and the order intake becomes more volatile. Engelmann thinks that…
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