As announced at this morning’s press conference, Gipuzkoan’s economy will grow “by about 2%” this year, half of what it grew in 2022.
The Association of Companies of Gipuzkoa, Adegipredicts that the Gipuzkoan’s economy will grow this year “in the vicinity of the 2%“, half of what rose in 2022 (4.2%) and will be created “between 3,000 and 4,000 jobs on the territory”.
As every year, on the eve of the Adegi Assembly and Company Day, the president, Eduardo Junkera, has appeared, accompanied by the general manager of the employer, Jose Miguel Ayerza, and the director of competitiveness and innovation, Patxi Sasigain, to account of its Situation Survey, the results of which are “in line with those at the beginning of the year”.
Junkera has pointed out that “the business confidence it recovered slightly, half a point more than in January and average corporate billing increased by a modest +1.7%; The backlog is growing by 2.7% thanks to industry and the services sector, while it is stagnating in construction.”
On the other hand, “production capacity utilization is around 84%, in a context of strong growth in salaried employment”. It should be emphasized that in the trade and catering it’s ten points less,” aimed.
In terms of employment, he stressed that “91% of companies plan to maintain or increase their workforce employment levelhalf a point less than in January and one and a half points less than in September last year”.
Regarding the worrying factors, the president of Adegi pointed out that the delivery and raw material price and of energy, the sublime work costs and the Difficulty recruiting qualified personnel remain as “the main concerns of companies”.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
