New report: Depth pessimism among the Stockholmers

The Stockholm Barometer gives a clear signal of a weaker economic situation. The economic case is mainly driven by sharply reduced confidence among households.

The overall mood in the Stockholm economy is characterized by widespread pessimism and uncertainty for the future.

– Business also goes down, but not as much as households. Trump’s trade policy has not had a full impact in business yet, says Carl Bergkvist.

Trade exhibits The strongest situation among the industries. Food trade and motor vehicle trade are strong and show a clear improvement.

– Food trade is quite insensitive to business cycles, people must buy food. But the profitability of the industry goes down, people come to the store but may not treat themselves as much but choose cheaper goods, says Carl Bergkvist.

The construction industry shows impaired levels. The industry continues to be pressured by high costs and low demand. The proportion of companies reporting on increased construction has decreased sharply and the overall view at present is clearly negative.

The hotel and restaurant sector, As previously shown signs of recovery, experience a clear setback and loses the lift that happened last year.

– In worse times, we draw into what is not the most important thing, which includes restaurant visits, says Carl Bergkvist.

Within Stockholm’s business community, more companies are still planning to reduce their workforce than planning new hires within the next three months.

But it is household mood that falls the most. The improvement that took place during 2024 has been completely exposed.

Both the private economy And the view of Sweden’s economy is largely deteriorated, which indicates a broad and in -depth pessimism. More and more households feel that their financial situation is worse compared to a year ago.

– Donald Trump’s politics, with very many, very different and very negative messages receive consequences. I would think that household pessimism to 80 percent is due to Trump and the rest that inflation is stuck at higher levels than we thought, says Carl Bergkvist ..

The biggest loss in expectations for the future is valid for the next twelve months. In addition, household fears are increasing about rising unemployment, which further strengthens the image of a generally impaired future faith.

– Households’ future faith has been reversed – optimism has been replaced by concern, says Carl Bergkvist.