Austrians Cautiously Observant

Politics ♦ Published: April 22, 2014; 17:10 ♦ (Vindobona)

Despite economic recovery the Austrian citizens are still cautiously observant.

The majority of Austrians is still expecting a downward trend. / Picture: ©

The private consumption climate has not brought any major changes for 2014; neither has the economic optimism changed among Austrian citizens. The reason for this is the unchanged pessimistic outlook on the labor market, according to the recently published “economic barometer” by Austrian research institute “Spectra”.

Of the several thousands of persons surveyed, 47…