The reading of the KOF Economic Barometer dropped drastically in March and is now with 92.9 well below its long-term average. Accordingly, the Swiss economy can be expected to see a marked decline in growth rates in the near future. This plunge of the Barometer reflects the first economic consequences of the accelerated spread of the Coronavirus. The KOF Economic Barometer fell by 8.9 points in March, from 101.8 (revised from 100.9) down to 92.9. The...
Read More »KOF Economic Barometer: Stabilization at a low level
The KOF Economic Barometer has halted its downward movement, at least for the time being. At 94.7 points, however, the barometer is still well below its long-term average. The Swiss economy is therefore likely to grow with below-average rates in the upcoming months. In October, the KOF Economic Barometer rose by 1.6 points, from 93.1 points in September (revised from 93.2 points) to 94.7 points. This increase is attributable in particular to bundles of...
Read More »Employment Barometer in the Q4 2018: Situation Sustained
25.02.2019 – In the 4th quarter 2018, total employment (number of jobs) rose by 1.3% in comparison with the same quarter a year earlier (+0.2% with previous quarter; seasonally adjusted figures). In full-time equivalents, employment in the same period rose by 1.6%. The Swiss economy counted 12 200 more vacancies than in the corresponding quarter of the previous year (+19.6%) and the employment outlook indicator is also...
Read More »Employment Barometer in the Q3 2018: Solid Employment Growth
26.11.2018 – In the 3rd quarter 2018, total employment (number of jobs) rose by 1.6% in comparison with the same quarter a year earlier (+0.1% with previous quarter; seasonally adjusted figures). In full-time equivalents, employment in the same period rose by 1.8%. The Swiss economy counted 13 500 more vacancies than in the corresponding quarter of the previous year (+23%) and the employment outlook indicator continues...
Read More »KOF Economic Barometer: Upswing Sets a More Leisurely Pace
The KOF Economic Barometer fell in October after having risen in the previous month. At 100.1 points, the barometer is now as good as on its long-term average of 100.0. Since May of this year, the KOF Economic Barometer has thus been fluctuating around its long-term average. The Swiss economy is therefore in the coming months likely to grow with average rates. In October, the KOF Economic Barometer fell...
Read More »KOF Economic Barometer: Falling
In August 2018, the KOF Economic Barometer fell slightly by 1.4 points to a new reading of 100.3. It thus now pints to a level that is only marginally above its long-term average. Accordingly, in the near future Swiss growth should hover around its average over the last ten years. In August 2018, the KOF Economic Barometer fell from 101.7 in the previous month (revised up from 101.1) by 1.4 points to a...
Read More »Employment Barometer in the Q2 2018: Sharp Rise in Employment in Switzerland
Neuchâtel, 28 August 2018 (FSO) – In the 2nd quarter 2018, total employment (number of jobs) rose by 2.1% in comparison with the same quarter a year earlier (+0.4% with previous quarter). In full-time equivalents, employment in the same period rose by 2.0%. The Swiss economy counted 14 000 more vacancies than in the corresponding quarter of the previous year (+22.6%) and the employment outlook indicator is also...
Read More »KOF Economic Barometer, July: Remains Practically Unchanged
The KOF Economic Barometer only slightly moved in July. Compared to its June value, it decreased by 0.2 to 101.1 points. The current Barometer value still stands slightly above the long-term average of 100 points; it thus indicates a slightly above-average economic development in Switzerland in the coming months. In July, the KOF Economic Barometer fell slightly to 101.1 points from 101.3 in June (101.7 in the initial...
Read More »KOF Economic Barometer: Economic Outlook Improves Slightly
The KOF Economic Barometer rose again in June for the first time in three months. It increased by 1.7 points to 101.7 points, stopping its downward tendency in spring. The current Barometer value is now slightly above the long-term average of 100.0. Thus, the KOF Economic Barometer indicates a slightly above-average economic development in Switzerland. The tailwind for the Swiss economy is no longer as strong as during...
Read More »Employment barometer in the Q1 2018: Fastest growth in employment in industry for 10 years
Neuchâtel, 4 June 2018 (FSO) – In the 1st quarter 2018, total employment (number of jobs) rose by 1.6% in comparison with the same quarter a year earlier (+0.6% with previous quarter, +1.7% in full-time equivalents). The Swiss economy counted 77 000 more jobs and 11 000 more vacancies than in the corresponding quarter of the previous year. There was also an increase in the employment outlook indicator (+2.0%) and...
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