Slight Optimism in Austrian Industrial Sector

BusinessEconomy ♦ Published: April 28, 2012; 18:41 ♦ (Vindobona)

For the Federation of Austrian Industries (IV), the stagnation is conquered. Industrial production and employment is growing despite unfavorable macro-economic data.

Slight Optimism in Austrian Industrial Sector / Picture: ©

IV presents its latest business cycle survey: since the fourth quarter of 2011, the Austrian economy recovers again, IV reports.

“In spite of the difficult international framework conditions, the Austrian industrial sector could conquer the economic stagnation in spring.” IV´s general secretary Christoph Neumayer says.

„A revival of the public debt issue and the…