Different Economic Dynamics Among Austrian Provinces

Business › Economy ♦ Published: June 4, 2012; 17:21 ♦ (Vindobona)

In 2011, Styria achieved the highest economic growth rate among the nine Austrian provinces. This year, Upper Austria is expected to lead the ranking.

Different Economic Dynamics Among Austrian Provinces / Picture: © Vindobona.org

In 2011, the Austrian economy registered a growth rate of 3.0%. The first half was impressed by a significant growth rate, whereas the second half of 2011 showed a sudden slowdown of economic growth.

All nine Austrian provinces could record positive economic growth rates. Above all, the industrial and export-oriented provinces could benefit last year. „The industrial mix was…

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