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Economic Tendency Indicator falls for a second month

The Economic Tendency Indicator dropped almost two points from 93.8 in April to 91.9 in May and indicates that growth in the Swedish economy is much weaker than normal. The decrease was due primarily to falls in the confidence indicators for manufacturing and consumers. The indicators for the retail trade and the private service sector did not change notably in May, and there was a rise in the indicator for the...

Consumers increasingly optimistic but industry more downbeat

The Economic Tendency Indicator fell 1.3 points from 95.4 in March to 94.1 in April. It is now slightly less than six points below the historic average, and indicates that growth in the Swedish economy is weaker than normal. The decrease is due to falls in the confidence indicators for the retail trade and the private service sector, while the indicators for manufacturing and construction rose somewhat. The Consumer...

Small Steps toward Better Days

In recent months confidence has improved at firms and among households. This is a sign of somewhat stronger growth in Sweden in the period ahead. But recovery will be slow, with little help from other countries. At the same time, the situation on the labour market is stabilizing, and unemployment will remain around 8 percent for the next few years. This is shown in the NIER’s new forecast, published today.

Slight rise in the Economic Tendency Indicator

The Economic Tendency Indicator climbed 0.3 points from 95.1 in February to 95.4 in March. It is now slightly less than five points below the historic average, and indicates that growth in the Swedish economy is still weaker than normal. The increase  is explained by the private service sectors and by the consumers. For manufacturing industry, construction industry and for retail trade, however, the situation is...

Rays of light in the Swedish economy

The Economic Tendency Indicator climbed almost five points from 89.9 in January to 94.7 in February. It is now slightly more than five points below the historic average, and indicates that growth in the Swedish economy is still weaker than normal. Manufacturing and the private service sector made a positive contribution this month, while the results from the construction industry and the retail trade were neutral....

Industry’s employment plans indicate further cuts

The Economic Tendency Indicator fell 0.3 points in January after rising nearly four points the previous month. It now stands at 89.4, more than 10 points below the historic average, and indicates that growth in the Swedish economy is still considerably weaker than normal. The retail trade and the private service sector made a positive contribution this month, while the results from the construction and manufacturing...

Deepening Recession

The lacklustre economy in other countries is dampening both demand for Swedish exports of goods and the confidence of households and firms. The economy is weakening, and Sweden’s GDP is falling in the fourth quarter of this year. Next year will get off to a weak start, and unemployment will continue rising. Recovery will not commence until the end of 2013. It will then take many years before the Swedish economy is...

The downward trend was broken in December and the Economic Tendency Indicator ro...

The Economic Tendency Indicator recovered in December, rising nearly four points from 86.0 in November to 89.7. However, it remains over 10 points below the historic average, indicating that growth in the Swedish economy is considerably weaker than normal. Manufacturing industry and the private service sector made a positive contribution this month, while the results from the construction industry and the retail...

All confidence indicators point down for second consecutive month

The Economic Tendency Indicator fell nearly seven points in November from 92.7 to 86.0, indicating that growth in the Swedish economy is currently considerably weaker than normal. All sectors of the economy made a negative contribution in November, as last month. The Consumer Confidence Indicator also fell considerably in November.
Increasingly weak employment

The confidence indicator for the manufacturing...

All confidence indicators fell in October

The Economic Tendency Indicator fell just over three points in October from 95.6 to 92.3, indicating that growth in the Swedish economy is currently appreciably weaker than normal. This month all sectors of the economy made a negative contribution. The Consumer Confidence Indicator also fell in October.
Reduced business sector employment

The confidence indicator for the manufacturing industry fell five points...

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