- Prior 48.8
That’s a slight bounce back in Swiss business activity for the manufacturing sector but continues to keep below the 50.0 threshold for a 32nd straight month. So far, Procure notes that tariffs and other recent developments has had little effect on overall business confidence -for now at least. The higher reading in August is helped by improvements in production (55.4 | +5.8) and new orders (45.2 | +1.3). A negative point is that employment conditions worsened further (46.4 | -2.4).
This article was written by Justin Low at investinglive.com.
