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Strong boost for the food industry

Stockholmsekonomin at large, has turned upward and the economy is back on a normal level. At the same time, there are clear signs pointing to a weaker period in the future.

– We can see that the economy recovers somewhat. Compared with last quarter, we have a government in place and a januariöverenskommelse. But it is not a recovery that convinces, the economy stands and balances, " says Stefan Westerberg, seniorekonom the Chamber of commerce.

the economic slowdown during the last quarter of 2018, the improved sentiment within the private service industries. The enhanced activity is explained by the more positive signals within the finance and insurance industry.

the computer industry, which has long been one of the most important engines of growth, weaken for the second quarter in a row. Even among companies with the commissioned work is deteriorating sentiment. For trade, the situation is normal – with one exception:

continues to impress and the economy is considered very strong.

– 80% of the companies in the food sector report that their sales volume has increased in the last three months, 70 per cent of them think that it will increase in future, " says Stefan Westerberg.

– food business is good at keeping up with new consumer trends and responsive to what consumers want. Now, we buy more food online and can either pick up the färdigpaketerad in the store or get the home-delivery.

Stefan Westerberg, seniorekonom the Chamber of commerce. Photo: Linnéa Carlsson

For example, Axfood, as Hemköp and Willys, say to the Chamber of commerce that customers want more quality, green and environmentally friendly.

"They have invested more in organic and doubled the sales in two years," says Stefan Westerberg.

on the other hand, which is a central part of the Stockholmsekonomin, fell heavily at the end of 2018 and is still bleak in the beginning of 2019. The economic situation in the construction sector remains weaker than normal and far below the level that prevailed a year ago.

– Construction weigh heavily on the continued down the barometer. We see that it is turned between the first and the second quarter of 2018, in conjunction with the introduction of the enhanced amorteringskravet, " says Stefan Westerberg.

in the industry say that financial constraints are clear obstacles to growth. In addition, decreasing construction orders and the outlook of the construction market one year ahead remains bleak.

" The tightening of the amorteringskravet has settled like a wet blanket over the construction industry. Last year, new housing starts in the whole of Sweden, but 70 per cent of the decline was linked to Stockholm, " says Stefan Westerberg.

fall in the first quarter of 2019. Companies in Stockholm, however, believes that the current recruitment rate will not be maintained. Expectations of future employment was adjusted down, which follows the declining trend observed since the beginning of 2018.

In the construction sector is anställningstalen negative, which means that the predominance of construction companies report that they reduced the number of employees in their companies.

decreases in the first quarter, but is still a very serious obstacle to the companies ' continued competitiveness.

The strongest job growth was in the food industry, where high employment can possibly be explained by the industry's strong economy. Today employ of the food industry 30,000 people in Stockholm, sweden. But despite the strength of the economy signals the agri-food sector on the less positive anställningstal in the future.

Read more: DN Debate. ”Despite the low price foreign construction companies not to build in Sweden”

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