Companies in Liechtenstein have rated the overall business climate in the third quarter as largely satisfactory. They are expecting further positive developments in the fourth quarter, with the exception of the construction industry.
Companies in Liechtenstein have rated the overall climate in industry and in the manufacturing sector as positive, reported the Office of Statistics in a statement. A total of 16 per cent of the companies surveyed rated their business situation as a good, while 77 per cent described it as satisfactory. Only 7 per cent described it as poor. Overall order intake, capacity utilisation and revenues in the third quarter gained momentum, while in the fourth quarter, the companies are expecting an increasingly positive trend in employment.
In the metals industry, 86 per cent of the companies surveyed reported they were satisfied with their situation. A total of 7 per cent described the climate as positive, and the same proportion as poor. In this industry too, order intake, capacity utilisation and revenues increased. The companies are optimistic about the fourth quarter.
In the non-metals sector meanwhile, 28 per cent of the companies described the climate as good, and 72 per cent as satisfactory. None of the companies described it as poor. Order intake and capacity utilisation were stable in this sector, while revenues rose. The companies are expecting a continued generally stable climate in the fourth quarter.
In contrast, the construction sector is facing falling order intakes and declining revenues. As such, 54 per cent of the companies rated the business climate as poor and 25 per cent as satisfactory. Only 21 per cent said it was good. The companies are not forecasting an improvement of the general situation in the fourth quarter.