Swiss Mechanical Firms Struggling Since Before Trump
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Maschinenbauer kämpfen nicht erst seit Trump mit schwachem Wachstum
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Read more: Maschinenbauer kämpfen nicht erst seit Trump mit schwachem Wachstu
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Between the second quarter of 2015 and the second quarter of 2025, the sector recorded sales growth of just 11.2%, according to a press release issued by the FSO on Monday. The secondary sector as a whole grew significantly faster at 32.3% over the same period. This difference of over 20 percentage points shows the“structural challenges” facing the sector, the statisticians conclude.
+ Swiss engineering industry is facing a downturn
This also had an impact on employment. While the secondary sector has recorded employment growth of 3.3% over the past ten years, mechanical engineering has suffered a decline of 2.9%, according to a statement.
Nevertheless, the trend was no longer so clear-cut last year. Mechanical engineering was able to increase turnover by 0.7%, while the secondary sector shrank by 1.2%. However, according to the data, the negative trend in employment continued, with a sharp decline of 3.5% in mechanical engineering compared to a moderate fall of 0.4% in the secondary sector as a whole.
+ How the new US tariffs are already impacting the Swiss economy
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