IBR 2014 Global optimism infographic
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Grant Thornton IBR Q4-2013 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: 3,300 mid-market business leaders interviewed in 45 economies Source: Grant Thornton IBR 2014 United States Business optimism in the US fell back to 36% in Q4; a new government budget and debt ceiling extension need to be agreed in early 2014 following the recent shutdown. eurozone Confidence remains at just 8% in the currency bloc with German (51%) and French (the lowest globally at -38%) business leaders at opposite ends of the scale. United Kingdom UK business optimism remains elevated at 71% – the seventh highest globally; unemployment and inflation are falling, with house prices and growth on the up. Russia As growth forecasts are slashed, Russian business optimism fell for the fourth straight quarter and now stands at its lowest since 2009. China Optimism in China slipped again to 22% although the third plenum promised a number of positive measures including SOE, judicial and fiscal reform. Japan Business optimism in Japan climbed back into positive territory for only the second time since 2003 with the business community continuing to back Abenomics. -80 -60 -40 -20 0 20 40 60 80 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 2013- 2012- Latin America Confidence in Latin America fell again to 26%, with Brazil dropping to a new record low of just 10%; Argentina and Mexico optimism also dropped but Peru and Chile ticked up. South Africa Business optimism rose back to 40% from a record low in Q3; it remains to be seen what effect the passing of Nelson Mandela will have on the economy. Turkey Turkish business optimism climbed back up to 30% in Q4 as social unrest subsided although the US Federal Reserve tapering announcement last month could hurt the lira. India Indian business optimism arrested its recent slide as hopes increased that new central bank governor, Raghuram Rajan, can boost growth while taming inflation. Australia Optimism in Australia climbed for the third straight quarter reaching its highest since 2010 as businesses react positively to the election of Tony Abbott. ASEAN Optimism in Southeast Asia ticked up for the third straight quarter, boosted by Indonesia (78%) although Thai businesses (-20%) remain unsettled by ongoing political unrest. Global -80 -60 -40 -20 0 20 40 60 80 2013- 2012- 71 8 1 22 45 42 30 69 26 40 -80 -60 -40 -20 0 20 40 60 80 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 2013- 2012- -80 -60 -40 -20 0 20 40 60 80 2013- 2012- Key: A score above zero indicates net optimism 36 6 27
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Transcript of IBR 2014 Global optimism infographic
Grant Thornton IBR Q4-2013 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: 3,300 mid-market business leaders interviewed in 45 economiesSource: Grant Thornton IBR 2014
United StatesBusiness optimism in the US fell back to 36% in Q4; a new government budget and debt ceiling extension need to be agreed in early 2014 following the recent shutdown.
eurozoneConfidence remains at just 8% in the currency bloc with German (51%) and French (the lowest globally at -38%) business leaders at opposite ends of the scale.
United KingdomUK business optimism remains elevated at 71% – the seventh highest globally; unemployment and inflation are falling, with house prices and growth on the up.
RussiaAs growth forecasts are slashed, Russian business optimism fell for the fourth straight quarter and now stands at its lowest since 2009.
ChinaOptimism in China slipped again to 22% although the third plenum promised a number of positive measures including SOE, judicial and fiscal reform.
JapanBusiness optimism in Japan climbed back into positive territory for only the second time since 2003 with the business community continuing to back Abenomics.
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Latin AmericaConfidence in Latin America fell again to 26%, with Brazil dropping to a new record low of just 10%; Argentina and Mexico optimism also dropped but Peru and Chile ticked up.
South AfricaBusiness optimism rose back to 40% from a record low in Q3; it remains to be seen what effect the passing of Nelson Mandela will have on the economy.
TurkeyTurkish business optimism climbed back up to 30% in Q4 as social unrest subsided although the US Federal Reserve tapering announcement last month could hurt the lira.
IndiaIndian business optimism arrested its recent slide as hopes increased that new central bank governor, Raghuram Rajan, can boost growth while taming inflation.
AustraliaOptimism in Australia climbed for the third straight quarter reaching its highest since 2010 as businesses react positively to the election of Tony Abbott.
ASEANOptimism in Southeast Asia ticked up for the third straight quarter, boosted by Indonesia (78%) although Thai businesses (-20%) remain unsettled by ongoing political unrest.
Global
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Key: A score above zero indicates net optimism
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