Despite weakening economy: SMEs remain optimistic due to export economy

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Small and medium-sized companies in Switzerland expect increased exports. (archive image)

This is the result of a survey conducted by the export promotion organization Switzerland Global Enterprise (S-GE) of more than 200 small and medium enterprises (SMEs). In this way, the export sensitivity of the SMEs participating in the survey rose to 66.7 points. The value of the last survey six months ago was still 60.5 points.

For SME export sensitivity, values ​​above 50 indicate the expected increase in exports, while values ​​below 50 indicate a decrease in exports. The current situation is therefore clearly in the positive range.

While the global challenges haven’t gone away, it’s less worrying, says S-GE about the outcome. One reason is that the past few months have gone better than expected.

As a result, only one in ten SMEs is considering layoffs. On the other hand, one in three people assume that there will be a staff increase.

(SDA)

Source :Blick

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Tim

Tim

I'm Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor's Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.

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