Economic Tendency Survey, October 2011
The Economic Tendency Indicator fell a further 2.3 points in October and has thus declined nearly 18 points over the past five months. It is considerably below the historic average, indicating weaker than normal growth in the Swedish economy at present. All sectors of the economy and households contributed to the decline in the Economic Tendency Indicator this month.Business: Increasing dissatisfaction with demand situation The confidence indicator for the total business sector fell a further couple of points in October and is slightly below the historic average. However, there are