Ibr2013 q2 global_optimism_infographic

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Grant Thornton IBR Q2-2013 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: 3,224 mid-market business leaders interviewed in 44 economies Source: Grant Thornton IBR 2013 United States Business optimism in the US continues to rise on the back of improving jobs and manufacturing data. The business community is the eighth most optimistic globally. eurozone Confidence in the eurozone slid again in Q2 with gains in Germany and Greece outweighed by continuing pessimism in France, Spain and the Netherlands. United Kingdom Following eight quarters where the majority of business leaders were negative about the economic outlook, UK business confidence climbed back into positive territory in Q2. Russia Russian business confidence has fluctuated over recent quarters but showed a big decline in Q2 with recent growth figures disappointing. China Business confidence slipped to its lowest since 2006 in China in Q2 with the new leadership looking to tighten access to credit to prevent a housing bubble. Japan Japanese business optimism turned positive for the first time in IBR history (2003) as the programme of reforms known as ‘Abenomics’ attempts to kickstart the economy. -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 Latin America Chile and Peru rank first and second respectively whilst reforms in Mexico are being well received. However, Brazil is stuttering and Argentinian businesses are pessimistic. South Africa Business leaders remain optimistic, although much less so than before the financial crisis highlighting continuing economic difficulties, unemployment and security concerns. Turkey Business optimism in Turkey has dropped and could be set to fall further following recent unrest. India Indian business leaders are showing signs of renewed optimism despite relatively weak growth over the past 12 months. They are the fifth most optimistic globally. Australia Confidence in Australia remains well down on pre-crisis levels and the hope is that the return of Kevin Rudd as Prime Minister will boost business growth prospects. ASEAN Optimism in Southeast Asia remains subdued largely due to the slowdown in China, especially in Singapore and Thailand. Global -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 34 -8 28 4 26 13 38 75 48 45 -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 -80 -60 -40 -20 0 20 40 60 80 2013 2012 2011 Key: A score above zero indicates net optimism 55 8 27

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Transcript of Ibr2013 q2 global_optimism_infographic

Page 1: Ibr2013 q2 global_optimism_infographic

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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