"How's Austria?" Indicator 2014 has been Published

BusinessEconomy ♦ Published: November 11, 2014; 19:45 ♦ (Vindobona)

Economic growth is not identical with progress and wealth, as the updated indicator set "How's Austria?" shows: Decline in material wealth, environmental situation still critical and ambivalent picture regarding quality of life.

The "How's Austria?" indicator 2014 shows that economic growth is not identical with progress and wealth / Picture: © Vindobona.org

Economic growth is not identical with progress and wealth, as the updated indicator set "How's Austria?" of Statistics Austria shows.

Real GDP per capita decreased in 2013 by 0.4% compared to the year before, with household consumption and income declining even in a more pronounced way: Real household consumption per capita dropped by 0.6% compared to 2012, real disposable…

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