In 2020-Q3, the spread of the virus slowed down and the restrictions to fight the COVID-19 pandemic crisis were progressively lifted. These factors triggered a strong rebound in GDP growth (+7.4%) in comparison to the second quarter of the year. The rise in economic activity is visible in all GDP components, except government spending. However, GDP (and all its components) remains, not surprisingly, lower than in the same quarter of the previous year.
The unemployment rate fell by almost one third (−4:2 percentage points) to 8.83%, reversing the strong increase (+9 percentage points) of the previous quarter. Prices increase by slightly more than 1% due to the rebound in GDP and the partial recovery of the U.S. labour market
December 2020
ECSA Chemicals AG
Burgauerstrasse 17
CH-9230 Flawil (Switzerland)
Via Luigi Favre 16
CH-6828 Balerna (Switzerland)
T. +41582119100
F. +41582119101
CHE-143.818.564
ECSA Maintenance AG
Burgauerstrasse 17
CH-9230 Flawil (Switzerland)
Via Luigi Favre 16
CH-6828 Balerna (Switzerland)
T. +41582119300
F. +41582119301
CHE-143.818.564
ECSA Energy SA
Via Luigi Favre 16
CH-6828 Balerna (Switzerland)
T. +41582119500
F. +41582119501
CHE-143.818.564
ECSA ITALIA Srl Società
con Unico Socio
Via Lavoratori Autobianchi 1
I-20832 Desio (MB)
(Stabile n. 15 - Polo Tecnologico della Brianza)
T. +39 0362 625 421
F. +39 0362 304 361
P.IVA IT00222470130
Codice destinatario: C1QQYZR
Porta Ticino Easy Stop SA
Via San Giorgio 37
CH-6877 Coldrerio
T. +41582119910
F. +41582119911
CHE-477.597.888
Stalvedro Easy Stop SA
Stalvedro 4, CH-6780 Airolo
T. +41582119950
CHE-315.206.664