The Gothenburg region’s booming economy tapered off during the autumn, but many sectors continue to perform strongly. These were some of the findings in Business Region Göteborg’s fourth and last Economic Outlook report of 2018.
During 2017 the Gothenburg region’s exports of goods rose by SEK 25 billion compared with 2016. The increase is equivalent to nearly one third of the total Swedish export growth for the same period.
Gothenburg’s already strong economy saw further improvement during the autumn and expectations for the spring are even more optimistic. At the same time, falling real estate prices are causing uncertainty among buyers on the property market. But major price drops are unlikely as long as the economy remains strong, according to Henrik Einarsson, head of the Establishment and Investment department at Business Region Göteborg.