Executive Confidence in Global Economy Diminished, McKinsey Reports
06/21/2010
Despite a negative outlook on the global economy, most executives reported that their companies were reasonably stable. But those surveyed worried that low consumer spending would challenge growth.
Eurozone executives were the least positive about the present and future of their countries' economies. Only 46 percent expected their domestic economies to improve over the next six months. Outside the eurozone, 69 percent of executives said their countries were recovering, but only 39 percent said the same for the global economy.
Despite global economic concerns, more executives were positive than negative on the financial outlook. Approximately 70 percent expect increased profits this year.
Project Announcements
Global Resources International Plans Columbia, Alabama, Operations
03/21/2023
HistoWiz Establishes Queens, New York, Central Laboratory
03/21/2023
Big Fish Games Establishes New Orleans, Louisiana, Talent Hub
03/21/2023
Sonoco Protective Solutions Expands Owosso, Michigan, Operations
03/21/2023
ABB Robotics Expands Auburn Hills, Michigan, Production Campus
03/21/2023
Volkswagen Group Plans St. Thomas, Ontario, Canada, North American Gigafactory
03/20/2023
Most Read
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
The Top Investment Location Prospects for Aerospace Manufacturing
Q1 2023
-
Strategies to Overcome Intensifying Industrial Real Estate Challenges
Q1 2023
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023
-
What in the World? FDI Trends to Watch in 2023
Q1 2023