Grant Thornton IBR Q2-2013 resultsHow optimistic are you for your economy over the next 12 months?

To examine IBR results going back to 1992, use our data visualisation tool: https://dataviztool.internationalbusinessreport.com/ibr.htmlSample: 3,224 mid-market business leaders interviewed in 44 economiesSource: Grant Thornton IBR 2013

United StatesBusiness optimism in the US continues to rise on theback of improving jobs andmanufacturing data. Thebusiness community is theeighth most optimistic globally.

eurozoneConfidence in the eurozoneslid again in Q2 with gains in Germany and Greeceoutweighed by continuingpessimism in France, Spainand the Netherlands.

United KingdomFollowing eight quarters wherethe majority of business leaderswere negative about theeconomic outlook, UK businessconfidence climbed back intopositive territory in Q2.

RussiaRussian business confidencehas fluctuated over recentquarters but showed a bigdecline in Q2 with recentgrowth figures disappointing.

ChinaBusiness confidence slipped to its lowest since 2006 inChina in Q2 with the newleadership looking to tightenaccess to credit to prevent a housing bubble.

JapanJapanese business optimismturned positive for the first timein IBR history (2003) as theprogramme of reforms knownas ‘Abenomics’ attempts tokickstart the economy.

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Latin AmericaChile and Peru rank first andsecond respectively whilstreforms in Mexico are beingwell received. However, Brazilis stuttering and Argentinianbusinesses are pessimistic.

South AfricaBusiness leaders remainoptimistic, although much less so than before thefinancial crisis highlightingcontinuing economicdifficulties, unemployment and security concerns.

TurkeyBusiness optimism in Turkeyhas dropped and could be set to fall further followingrecent unrest.

IndiaIndian business leaders areshowing signs of renewedoptimism despite relativelyweak growth over the past 12 months. They are the fifthmost optimistic globally.

AustraliaConfidence in Australiaremains well down on pre-crisis levels and the hopeis that the return of Kevin Rudd as Prime Minister willboost business growthprospects.

ASEANOptimism in Southeast Asiaremains subdued largely dueto the slowdown in China,especially in Singapore and Thailand.

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Key: A score above zero indicates net optimism

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