The Riksbank’s Business Survey: “Everything has changed in two weeks”
The coronavirus pandemic has had a substantial effect on large companies and the situation has deteriorated extremely rapidly. Companies are affected on three different fronts: through disruptions to production, reduced demand and financing difficulties. This is the conclusion from the interviews the Riksbank held with major companies in recent weeks.“It started out as a supply problem, now it's a demand problem” Last week, parts of the manufacturing industry began closing factories in Sweden. This was not so much because there were problems obtaining goods from China. Production there