Prospects for industry, construction and business services
This review presents a detailed forecast of the development of different industrial sectors, construction, and business services during the years 2010–2012. We forecast that output in industry, construction, and business services will grow by just under 6 percent this year, by just over 6.5 percent next year, and by just over 4.5 percent in 2012. According to this forecast, Finland’s processing industries and export-oriented services would be emerging from the trough into which they sank during the recession. This forecast is based on the Labour Institute for Economic Research’s (PT’s) macroeconomic model and the extension made to it, which covers the sectors examined in this report. (AI translation)