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economic trends in eastern switzerland and the automotive industry's transformation

St.Galler Kantonalbank's "Horizons" forum highlighted the economic landscape of Eastern Switzerland, noting strong consumer activity but weak industrial demand, particularly from Germany. The automotive sector faces significant challenges due to global competition, especially from China, while local firms like Bühler thrive through innovation. The importance of maintaining EU trade agreements was emphasized, as they are crucial for the region's economic stability.
wil24.ch
Euro United States Dollar Swiss Franc CHN DEU CHE USA Stefan Bratzel Thomas Stucki Marc Mächler Dominik Schmidlin Show more
Finance & Economy, Market Report
08:33 06.03.2025

economic outlook for eastern switzerland amid global challenges and opportunities

St. Galler Kantonalbank hosted an event focusing on the regional economy, the EU, and the USA, featuring insights from experts on the automotive industry and investment strategies. Dominik Schmidlin highlighted a mixed economic outlook for Eastern Switzerland, with stable domestic markets but weak foreign demand, particularly from southern Germany. Meanwhile, Thomas Stucki noted that the global economy is expected to grow unevenly, with the USA continuing as a growth engine despite Germany's decline.
linth24.ch
United States Dollar Swiss National Bank St. Galler Kantonalbank AG CHE Marc Mächler Thomas Stucki Dominik Schmidlin Show more
Finance & Economy, Market Report
03:33 06.02.2025
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