Manufacturing Determines Regional Economic Pattern

  • Norbert Geldner
  • Gernot Hutschenreiter
  • Helmut Jeglitsch

The long duration of the current economic upswing has smoothed most regional economic imbalances. A tight labour market in the western part of Austria has helped laggards, such as Styria, to catch up; only Vienna is falling behind. The manufacturing sector, the engine of growth in the other provinces, is dragging down the economy in Vienna, especially in the technologically more advanced areas. The unemployed have little chance of re-entering the labour market in Vienna.