The Economy in the Austrian Länder. Second Quarter of 2020

The economic development in Austria in the second quarter of 2020 was dominated by the COVID-19 pandemic and its social and economic consequences. The economic impact resulted in a significant decrease in employment and considerable increases in unemployment. Regionally, all Länder were severely affected by the crisis. From a sectoral perspective, however, the picture was quite heterogeneous. For example, the declines in overnight stays in tourism were particularly pronounced in the western Länder and in Vienna, while manufacturing in Vienna appeared to be barely affected.