1、 BUSINESS CLIMATE SURVEY FOR SWEDISH COMPANIES IN THE UNITED STATES 2024 A REPORT FROM TEAM SWEDEN IN THE UNITED STATES TABLE OF CONTENTS FOREWORD .3 ABOUT THE SURVEY.5 ECONOMIC OUTLOOK.6 THE MARKET.11 HOW SWEDISH COMPANIES SUCCEED IN THE UNITED STATES.21 ACTING SUSTAINABLY.24 TEAM SWEDEN USA CONTRI

2、BUTORS.28 CONTACT US.30 KEY CONTRIBUTORS TO THIS REPORT Business Sweden in the US The Swedish American Chambers of Commerce USA(SACC-USA)The Swedish American Chamber of Commerce,New York(SACC NY)Embassy of Sweden in Washington D.C.Consulate General of Sweden in New York Consulate General of Sweden i

3、n San Francisco copyright 2022 Business Sweden FOREWORD FOREWORD The United States continues to be one of the most important foreign markets for Swedish companies,boasting the largest value of Swedish direct investments abroad.Despite global conflicts,recessions in parts of Europe,and geopolitical u

4、ncertainties,the US market has remained a stable destination for Swedish exports and expansion,and Team Sweden continues to support companies entering the market.The Business Climate Survey is a tool used to map the opportunities and challenges companies face when doing business across the world,wit

5、h this report focusing on the market conditions in the United States.Reflecting on previous years and reports,persistently high inflation has posed challenges for businesses in the US.However,in the first half of 2024,inflation stabilised at a level slightly above three per cent,resulting in fewer r

6、espondents expressing significant concerns about inflation compared to previous years surveys.Concurrently,the US labour market remains strong,with wages growing at a higher rate than inflation.The current robustness of the US economy is further emphasised by Swedish companies expectations on turnov