Leading economic indicators

This table shows a selection of economic indicators that tend to change before and in the same direction as general economic activity in Austria. Such leading economic indicators include expectations mirrored in business and consumer surveys (because economic activity is heavily influenced by expectations) and data on industrial production and goods exports (as they become available up to three months before the publication of the latest GDP data). Investment in machinery and equipment, being the GDP component with the highest cyclical responsiveness, also signals the current state of the economy and how it is likely to develop in the months ahead.

WIFO, GfK Austria GmbH, IFES, Statistics Austria.