Investment Expected to be Substantially Increased in 2008. Results of the WIFO Autumn 2007 Investment Survey

  • Margarete Czerny
  • Martin Falk
  • Gerhard Schwarz

According to the results of the Autumn 2007 Investment Survey, investment in manufacturing, expressed in current prices, grew by 26.1 percent in 2007 and is expected to rise by 8.4 percent in 2008. The largest increase is reported for the industries "automotive capital goods" and "foods and beverages". There are also significant differences with respect to firm size: both the very small and the large firms expect a strong rise, whereas medium-sized firms envisage a small increase or even decline in their investment spending. The construction industry plans to increase investment by 5 percent.