Economic Barometer 2023/Q1

In the winter of 2022/23, the economic slowdown has arrived in the Swiss MEM sector. High energy prices, rising interest rates, the weak foreign economic environment and high uncertainty are weighing on demand for capital goods. The exchange rate and labor shortages are also affecting the MEM sector. The SMEs surveyed in January are nevertheless cautiously confident that things will soon improve: The Swissmechanic SME-MEM Business Climate Index is slightly in the green again.