Good and bad news for Stockholm´s economy

Economy | 2007-08-09

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The business cycle boom has created thousands of new jobs in Stockholm and the economy is stronger than ever.

There is a lot of good news in the latest Stockholmbarometer from the Stockholm chamber of commerce. Stockholm is at the moment the most prosperous part of Sweden and the capital region is pulling the rest of the country with her.

But the report also warns for bottlenecks, such as lack of labour. This is particularly obvious in the fields of IT and construction. There may also be some branches of the economy which has reached its peak.

Problems such as insufficient infrastructure and difficulties to find a place to live for people moving here are reasons why the region will not be able to fully take advantage of the boom says Peter Egardt, president of the Camber of commerce.


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