The majority of companies in Liechtenstein reported an increase in orders in the second quarter of the year and are expecting the trend to continue in the coming quarter. Only the construction sector did not register an improvement.
Liechtensteins companies are not only optimistic with regards to orders, but also concerning the utilisation of machines and facilities, as well as the earnings trend. These are the latest findings of the Office of Statistics (AS) economic survey. It also revealed that 77 per cent, or the majority, of companies rated the situation as satisfactory. 18 per cent saw themselves as facing a good business climate and five per cent, an overall bad one.
These figures represent a slight improvement in outlook: 79 per cent considered the first quarter to be satisfactory, 15 per cent, good, and six per cent, bad. 45 companies participated in the survey, which equates to 70 per cent of the industrial sector or 30 per cent of the Liechtenstein economy in terms of employee numbers.
In the metals industry, no companies referred to a negative climate: 93 per cent described it as satisfactory and seven per cent as good. A significant increase in orders can be considered here, according to the survey. In the non-metals industry, as many as 34 per cent of the companies described the situation as good. This is a slight increase over the 27 per cent in the first quarter. The climate for the construction sector improved only very marginally: 58 per cent rated the situation as bad, compared to 63 per cent in the first quarter.