Builders and consumers less optimistic
The Economic Tendency Indicator edged down from 110.1 in January to 109.5 in February due to slightly more subdued signals from builders and consumers. The indicator has now fallen for three months in a row, but still points to a much brighter situation than normal in the Swedish economy.Recent months’ decline in the confidence indicator for the manufacturing industry slowed in February. The indicator was almost unchanged from January and points to a very strong situation in the industry. Above all, manufacturers’ view of current orders is much stronger than normal. Production plans for the
