Economic Tendency Survey
Economic Tendency Survey
January 2012
Industry and the service sector made a negative contribution in January
The Economic Tendency Indicator fell by a further 1.5 points in January this year and has now declined by a total of almost 24 points since its peak in February 2011.
It is well below the historical average and indicates that growth in the Swedish economy is at present significantly weaker than normal. In the total business sector, this month it is the manufacturing sector and the private service sector that make a negative contribution to the Economic Tendency Indicator. The indicators for the construction industry and retail trade both made a positive contribution. The confidence indicator for households also rose in January this year.
| Bransch | Mean | Max-value | Min-value | Nov 2011 | Dec 2011 | Jan 2012 | Situation |
|---|---|---|---|---|---|---|---|
| Economic Tendency Indicator | 100,0 | 115,5 | 71,8 | 94,6 | 92,9 | 91,4 | - |
| Confidence Indicators | |||||||
| Total Industry | 9 | 32 | -28 | 4 | 1 | 0 | - |
| Manufacturing | -4 | 12 | -38 | -11 | -11 | -14 | - |
| Construction Industri | -16 | 48 | -77 | 6 | 0 | 5 | + |
| Retail Trade | 13 | 39 | -26 | -9 | -7 | -6 | -- |
| Private Service Sector | 23 | 49 | -21 | 16 | 10 | 6 | - |
| Consumer (CCI) | 5,2 | 30,0 | -38,3 | -7,4 | -7,4 | -1,3 | - |
Situation: ++ The situation is very strong, + The situation is strong, - The situation is weak, -- The situation is very weak.
Economic Tendency Indicator
Manufacturing
Construction Industry
Retail Trade
Private Sector Service
Consumer, CCI
Published: January 26, 2012