Central Switzerland’s economy remains confident
Despite global uncertainties, the economy in Central Switzerland remains confident. According to the "Financial Monitor Central Switzerland 2025", almost two thirds of companies rate their situation as good. However, a shortage of skilled labour and protectionist tendencies in international trade pose challenges.
The economic mood in Central Switzerland remains largely optimistic. According to the latest edition of “Finanzmonitor Zentralschweiz 2025”, an annual study conducted by the Institute of Financial Services Zug at Lucerne University of Applied Sciences and Arts and the Central Switzerland Chamber of Commerce and Industry, almost 65 per cent of the companies surveyed rate their economic situation as good. This shows an overall stable development despite slightly gloomier expectations compared to the previous year.
Focus on expansion and skills shortage
Around 60 per cent of companies are planning to expand, which indicates a continued willingness to grow. At the same time, the shortage of skilled labour remains a key challenge for the economy. Companies are finding it increasingly difficult to recruit qualified employees.
International uncertainties affect export-oriented companies
While small and medium-sized companies are reporting a stable business situation, larger export-oriented companies are more affected by global developments. Uncertainties in the USA, France and Germany in particular are having an impact on planning. In addition, protectionist measures by the new US government are increasingly becoming the focus of economic concerns.
Exchange rate risks are becoming less significant
Compared to the previous year, the strong Swiss franc is perceived as less of a problem. Despite an expected further appreciation against the euro, concerns about exchange rate fluctuations appear to be becoming less important.
Less voluntary reporting, less effort
Another topic covered by the Financial Monitor is sustainability reporting. The number of voluntarily active companies is declining, but it is clear that the actual effort required to prepare a sustainability report is less than many companies initially feared.
Stability with growing challenges
Central Switzerland’s economy remains optimistic, but faces structural and international challenges. There are prospects for growth, but issues such as a shortage of skilled labour, global uncertainties and regulatory requirements will have a significant impact on future development.