The Archive · 1940

Industry and Trade

"Unemployment fell from 85,377 in January to 27,939 in August and to} 29,35 in December, 1939, thanks mainly to the mobilization of the Army and to the recruiting of the unemployed for the construction of} fortifications. During January-October, 3,260,000 tourists, of whom 1,162,000 were foreigners, visited Swiss hotels, compared with 3,100, 600 and 1,410,000, respectively, i 1938, The hotel industry is hard hit by the war, and the winter season was very poor.

Imports in 1939 totalled 1,889 million francs, against 1,607 million francs in 1938, and exports 1,298 million francs compared with 1,317 million francs in 1938. The main features of foreign trade were the rise in the exports of chemicals and dyes, which aggregated 417 million francs, against 332 millions in 1938; and the fact that Great Britain, which imported 164 million francs" worth of Swiss goods, was the second best client of Switzerland.

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account