Dutch business confidence posts biggest quarterly rebound since 2021, but majority still pessimistic

Quick summary

Dutch business confidence rebounded sharply this quarter—the biggest jump since 2021—yet four in five firms say economic uncertainty has worsened, citing wars and trade tensions. Only tech/media and culture/leisure sectors turned positive; construction and farming improved but remain pessimistic.

Why it matters

If you run a business or work in hospitality, construction, or retail, this signals caution ahead: despite the confidence uptick, most firms are tightening operations and holding back investment due to persistent uncertainty. For job seekers and employees, increased flexibility in staffing and methods may create both opportunity and instability in hiring and roles.

Key takeaways

• ›Business confidence posted its largest quarterly rebound since 2021, though it remains below its long-term average.
• ›78% of Dutch firms report increased economic uncertainty over the past year, with wars and trade tensions cited by 42% as the primary cause.
• ›Only the tech/media and culture/sport/leisure sectors turned outright positive; construction, farming, and hospitality remain the most pessimistic.
• ›73% of companies facing greater uncertainty have made operational changes, most commonly increasing staff and working-method flexibility.