Business Cycle Indicators Reveal Hardly Any Effects of the Global Coronavirus Spread So Far. Business Cycle Report of March 2020

The trade conflict between China and the USA and the crisis in the automotive industry are having a negative impact on industrial activity worldwide. New strict EU emission regulations will continue to create a difficult environment in the future. However, the service sector is proving to be a strong pillar of the economy. In Austria, tourism in particular continues to expand unabated.