The Economy in the Austrian Länder. Fourth Quarter 2014

In the absence of strong impulses from other demand components the slight improvement in export performance of the Austrian economy, which was driven by an improvement in the international economy, shaped regional growth among the Austrian Länder in the second half and the fourth quarter of 2013. In industrial regions economy thus grew more rapidly. On the labour market employment grew slightly more rapidly than in the first half year, but a still surging increase in labour supply also led to a substantial increase in unemployment in all Länder.