Employment Rising in Rapid Recovery

PRESS RELEASE 01/09/2010

With the recovery of the world economy, Swedish exports have surged. Rising household consumption and business investment are also helping to strengthen the economy. Employment is going up as well and will increase by some 140 000 persons in 2010-2012. Taken together, these factors will mean high growth figures for the entire forecast period. Despite vigorous growth, however, unemployment will be high for the next few years. It will therefore be necessary to maintain an expansionary economic policy.

Economic Tendency Survey
Business and consumer. August 2010

PRESS RELEASE
ECONOMIC TENDENCY SURVEY AUGUST 2010 25/08/2010

The Economic Tendency Indicator was unchanged in August on the previous month. It is still at a level signalling that business and consumer sentiment is considerably stronger than normal.
vit text

Business: Employment plans less optimistic than previously
The confidence indicator for the business sector fell three points in August, but remains considerably above the historic average. The August decline is mainly due to the fall in the indicators for the retail trade and the private service sector.
vit text
Consumer: Households increasingly positive to saving
Household optimism regarding the economy continued to increase in August. The Consumer Confidence Indicator (CCI), which measures confidence in personal finances and the Swedish economy, rose 1.9 points to 25.2 in August. This means that attitudes to the economic situation are considerably more positive than normal. Both the Macro Index and the Micro Index increased in August, the former rising 1.3 points to 38.9 and the latter 1.6 points to 9.8.

Economic Tendency Survey
Business and consumer. July 2010

PRESS RELEASE
ECONOMIC TENDENCY SURVEY JULY 2010 29/07/2010

The Economic Tendency Indicator fell 0.3 points from 111.6 to 111.3 between June and July this year. However, it remains at a level signalling considerably stronger than normal business and consumer sentiment.
vit text

Business: Industry forecasts more subdued growth for next few months
The confidence indicator for the business sector rose 12 points between the first and second quarter this year. The indicator has risen over 50 points in just over a year and is well above the historic average.
vit text
Consumer: Household interest rate expectations rose in July
The Consumer Confidence Indicator (CCI), which measures confidence in personal finances and the Swedish economy, rose 1.3 points to 23.3 in July. This level means that confidence in the economic situation is considerably more positive than normal. Both the Macro Index and the Micro Index increased somewhat in July. The Macro Index rose 0.8 points to 37.6, while the Micro Index rose 0.3 points to 8.3.