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Modest Economic Spring With Upward Potential

Published: March 19, 2012; 15:55 · (Vindobona)

Bank Austria Business Indicator for February confirms that the economic turnaround has already begun. The outlook is positive.

Modest Economic Spring With Upward Potential / Picture: © Vindobona.org

Towards the end of the winter, the Austrian economy caught the scent of spring again. The Bank Austria Business Indicator increased for the second month in a row in February and has now clearly settled in positive territory. With its current reading of just 0.2 points, the indicator is still pointing to a modest upswing for Austria’s economy. Following the slight economic slump in the…

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