SNB President Martin Schlegel warns of a global economic slowdown. For the Swiss construction industry, this could result in delayed investment decisions in building construction and infrastructure projects. Segments with long planning cycles, such as major construction projects and commercial real estate, would be particularly affected. A possible monetary policy response from the SNB remains to be seen – interest rate cuts could facilitate construction financing, but fundamental investment willingness depends heavily on the order situation.
This article was created with AI assistance and editorially reviewed.