Norwegian Business Growth Expectations Ease, SpareBank 1 Sør-Norge Survey Shows

Bitget2026/10/23 07:26

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SpareBank 1 Sør-Norge's autumn business confidence index fell to 51% from 53%, its lowest since spring 2023.
Profitability and order backlog expectations both stood at 49%, below the neutral 50% threshold, signaling a deterioration over the next 12 months.
The employment expectations index dropped to 52% from 56%, with more businesses planning workforce reductions.
Manufacturing supported the overall outlook, with businesses expecting higher profitability, investment and employment.
Construction remained contractionary despite its index rising to 47% from 42%, with western regions outperforming the east.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sparebank 1 Sor-Norge ASA published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Norwegian Business Growth Expectations Ease, SpareBank 1 Sør-Norge Survey Shows

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