In the latest economic survey published by the Office of Statistics, 27 per cent of the companies polled rated the overall business climate as good. For two thirds it was satisfactory, and for a minority of 7 per cent, bad. The answers are based on the situation in the fourth quarter of last year.
For the current year, the majority of the 44 companies polled are forecasting “positive trends in capacity utilisation, order intake and revenue,” according to the survey report. The outlook for the labour market is also regarded as positive. The companies polled represent 70 per cent of employment in the industrial sector and employ 30 per cent of Liechtenstein’s population.
The metals industry proved most optimistic. Here, 41 per cent of those polled rated the overall climate as good, and 52 per cent as satisfactory. They are calculating increased order intakes and revenues for the start of the year. In the non-metals industry, nine out of 10 of the companies polled described the situation as satisfactory. For the first quarter of the new year, no fundamental changes are anticipated.
The outlook in the construction sector, however, is overwhelmingly pessimistic. 58 per cent described the situation at the end of the year as bad. Forecasts for the start of the new year suggest further falls in order intakes and revenues.