Watchmaking, land of contrasts – Le Temps


Trends, portraits, analysis: “Le Temps” joins forces with “Neue Zürcher Zeitung” as part of a series of articles dedicated to watchmaking and fine jewelry. Our dedicated file

The export statistics of Swiss watches are not good (-6.3% in the first quarter, in annual comparison). And since there are only these customs figures to illuminate the overall progress of the industry made in Switzerlandthey are followed month after month like a fever chart, trying to understand how the sector is doing.

The answer obviously does not lie in these few figures, and the development of an industry that employs almost 65,000 people in Switzerland and exports more than 25 billion francs cannot be measured in thirty days. Even in this game, it would be better to stop everything, because in a long historical series the sector shows an endemic decline, the years of growth are almost an exception.

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