During the fourth quarter of 2018 turned Stockholmsekonomin down, deteriorated significantly and fell to the lowest level in close to six years – far below the state of the economy that prevailed a year ago.

” We have not seen such a clear and sharp slowdown since the european debt crisis in 2010. I think we must take it seriously, ” says Andreas Hatzigeorgiou.

normally, for the trading company. All delbranscher of trade has weakened, with the exception of motorfordonshandeln where companies are giving positive signals.

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the food trade has weakened, and it signals the end of the impressive growth that the food companies have shown in the past year. Sällanvaruköpshandeln – such as fashion and furniture – weakened to a konjunkturnivå far below the historical average.

Even the computer industry is weakened, but are still at a level that is better than normal, which means that Stockholm’s it companies continue act as shock absorbers for the otherwise weak Stockholmskonjunkturen. The finance and insurance sector declined during the fourth quarter.

is still strong, much better than normal.

“the Manufacturing sector is important but it is not primarily where the stockholmers have their employment,” says Andreas Hatzigeorgiou.

Only 8 per cent of the stockholmers who work in the private sector are in the manufacturing sector, 62% in service industries.

the Companies in Stockholm, do not think that the current recruitment rate will be maintained, on the basis of a significantly lower demand. The strongest job growth is in the manufacturing sector and the computer industry.

however, the posts will be fewer in the future, which can be linked to labour shortages. The most serious problem for the growth they believe is the lack of facilities and/or equipment, at the same time that they fear that demand for their services will decrease.

” We have several bottlenecks in Stockholm, sweden: housing shortage, infrastrukturbristen and skills shortages that businesses are hampered and stand back. The computer industry has a serious skills shortage. Lokalbristen is a relatively new problem, the bottlenecks will be more, ” says Andreas Hatzigeorgiou.

Developments in the construction sector is very bleak. After the positive signals during the third quarter of the year fell employment to the lowest level in over five years, while anställningstakten in the future is expected to be clearly negative.

the Stockholm building engineering is a serious disincentive for the construction. Industrial orders decrease at the same time as the outlook of the construction market one year ahead deteriorate significantly compared with the previous quarter.

– Construction slopes from a fairly weak level and the problems in the housing market will not be easier. And many bets are linked together, as the construction of housing and infrastructure, including expanded underground in Stockholmsförhandlingen, ” says Andreas Hatzigeorgiou.

Despite the fact that the pace of nyanställningarna brakes alarm companies on the continuing labour shortages in the fourth quarter.

” labour shortages remain at a record-high plateau despite the fact that the economy is weakening. It should be so that it is mitigated, it is troubling.

Sweden has not yet had a new government in place, it think Andreas Hatzigeorgiou may have influenced the results.

” It’s probably a marginal effect, but it should be diminished. It will be interesting to see if the next Stockholmsbarometer consolidates the image. Especially if the government will implement reforms to stop the kompetensutvisningar and solve the problems in the housing market, ” he says.

Read more: Chamber of commerce warns of acute kompetenskris