Grant Thornton IBR Q3-2014 results
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Grant Thornton IBR Q3-2014 results How 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.html Sample: 2,500 mid-market business leaders interviewed in 34 economies Source: Grant Thornton IBR 2014 United States Business optimism slipped slightly to 69% in Q3 but remains relatively high, boosted by strong economic and employment growth. eurozone Confidence in the eurozone slid sharply this month as business leaders in Germany, France and Italy reacted to continued uncertainty and a series of poor economic data. United Kingdom The UK moves into second place in the business optimism index despite uncertainty caused by the Scottish referendum. Russia Russian business optimism remained low but steady despite the raft of economic sanctions following the Ukraine crisis that could tip the economy into recession. China Optimism climbed back up in Q3, its highest since the first quarter of 2011, as a raft of positive data suggest growth remains stable. Japan Optimism fell to 0% in Japan in Q3, as the introduction of a new sales tax rate hit consumer demand causing the economy to contract sharply in April-June. -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- Latin America Optimism across the continent continues to slide as the Argentinean default, Brazilian elections and Mexican reforms increase uncertainty and dampen investment activity. South Africa Optimism dropped back to just 3% in Q3 with unrest in the key mining sector and little evident sign of necessary economic reforms weighing on growth. Turkey Confidence in Turkey continue to climb as political unrest subsides although pressure remains on the lira. India Indian businesses remain the most optimistic in the world as the new administration embarks on a series of reforms to boost the growth rate and lower inflation. Australia Australian business confidence remains high at more than double levels seen 12 months previously as demand from China for raw materials holds up. ASEAN Thai business confidence has bounced back remarkably following the unrest but businesses are still cautious on how ‘friendly’ the new Indonesian administration will be. Global -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- 82 5 16 55 56 53 28 95 22 3 -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 100 2014- 2013- 2012- Key: A score above zero indicates net optimism 69 0 43
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How optimistic are you for your economy over the next 12 months?
Transcript of Grant Thornton IBR Q3-2014 results
Grant Thornton IBR Q3-2014 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: 2,500 mid-market business leaders interviewed in 34 economiesSource: Grant Thornton IBR 2014
United StatesBusiness optimism slipped slightly to 69% in Q3 but remains relatively high, boosted by strong economic and employment growth.
eurozoneConfidence in the eurozone slid sharply this month as business leaders in Germany, France and Italy reacted to continued uncertainty and a series of poor economic data.
United KingdomThe UK moves into second place in the business optimism index despite uncertainty caused by the Scottish referendum.
RussiaRussian business optimism remained low but steady despite the raft of economic sanctions following the Ukraine crisis that could tip the economy into recession.
ChinaOptimism climbed back up in Q3, its highest since the first quarter of 2011, as a raft of positive data suggest growth remains stable.
JapanOptimism fell to 0% in Japan in Q3, as the introduction of a new sales tax rate hit consumer demand causing the economy to contract sharply in April-June.
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Latin AmericaOptimism across the continent continues to slide as the Argentinean default, Brazilian elections and Mexican reforms increase uncertainty and dampen investment activity.
South AfricaOptimism dropped back to just 3% in Q3 with unrest in the key mining sector and little evident sign of necessary economic reforms weighing on growth.
TurkeyConfidence in Turkey continue to climb as political unrest subsides although pressure remains on the lira.
IndiaIndian businesses remain the most optimistic in the world as the new administration embarks on a series of reforms to boost the growth rate and lower inflation.
AustraliaAustralian business confidence remains high at more than double levels seen 12 months previously as demand from China for raw materials holds up.
ASEANThai business confidence has bounced back remarkably following the unrest but businesses are still cautious on how ‘friendly’ the new Indonesian administration will be.
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Key: A score above zero indicates net optimism
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Dominic H King
Sticky Note
month -> quarter
Dominic H King
Sticky Note
the -> a
Dominic H King
Sticky Note
The optimism of Chinese business leaders rose to its highest since the first quarter of 2011 with a raft of economic data suggesting robust expansion.
Dominic H King
Sticky Note
DEL: rate
Dominic H King
Sticky Note
Confidence in Turkey climbed again in Q3 as political unrest subsides although the lira remains under pressure due to the persistent current account deficit.
Dominic H King
Sticky Note
boost growth and lower inflation
Dominic H King
Sticky Note
DEL: has remarkably -> robustly the -> political are still -> remain
