Manufacturing Industry on the Rise

People ♦ Published: February 4, 2011; 00:26 ♦ (Vindobona)

The economic barometer of the Federation of Austrian Industries (IV) grows. Production increase and stable employment are expected.

Manufacturing Industry on the Rise / Picture: © Vindobona.org

"After last year’s weaker final quarter, recovery gains momentum in the new year. It is particularly gratifying that there is a realistic chance that the recovery turns into self-sustaining growth", notes the president of the IV, Dr. Veit Sorger.

The IV's chief economist, Dr. Christian Helmenstein, adds: "We are still in a rather early stage of the economic cycle. The upward…

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Order Intake, Forecasts, Opinions, Economic Growth, Industrial Production, Business Cycle, Federation of Austrian Industries, Christian Helmenstein, Veit Sorger, Employment, Exports
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