In the presentation of the Cuneo Report 2024, the picture of the economic situation was enriched, as already happened last year, by the information from the Infocamere dashboard, which constitutes an integrative element of the 2024 Economic Report.
«In 2023 the world economy continued to expand at a moderate pace: GDP recorded growth of 3.2%. In Italy the development was 0.9%, higher than that of the euro area (+0.4%). The socio-economic framework of Cuneo fits into this context, characterized by mostly positive signals: the local production system has, in fact, demonstrated good stability, especially on foreign markets, exporting goods for 10.7 billion euros, 4.3% more than in 2022″ – declared Elena Porta, from the Studies and Statistics office of Unioncamere Piemonte.
Our data are comforting and give us a snapshot of a healthy province that has once again been able to react to internal and exogenous difficulties, thanks to a sort of “analytical squint”. This gives Granda the ability to look near and far at the same time, sinking its roots in tradition but opening up to the global, dedicating attention to internal areas and micro and small businesses and, at the same time, demonstrating a great propensity to export and conquer markets international. In a scenario that highlights moderate expansion, the presentation of the Report was an opportunity to look towards the near future, thanks to the analysis conducted by Livia Simongini, Senior Specialist Sit (territorial industrial strategies) of the research company Prometeia. According to the analysis, the provincial economy has shown good resilience to the shocks that have characterized the international panorama in recent years.
The persistence of strong uncertainties contributes to the outline of moderate growth for Cuneo, not dissimilar to that envisaged at a regional level. Industry will contribute above all to the expansion of the provincial economy, supported by a more intense development of exports than that expected for Piedmont and Italy. The contribution of services to the growth of the local system, although significant, will be held back by the relatively minor specialization in the tertiary sectors with higher added value. However, a retreat is expected for the construction sector. The progressive exhaustion of tax breaks for private construction, in fact, will not be compensated by the increase in the public component of investments linked to the implementation of the Pnrr and these dynamics will affect both the trend of provincial added value and that of employment.
