Council on Business & Society knowledge partner, McKinsey & Co, publish the results of their latest economic and executive survey for March 2016: expectations and feel-good factor take a downturn…
McKinsey & Co survey results provide us with a series of useful insights into economic conditions, growth and feel-good factors across regions and sectors with overall results compared to 2015 surveys showing a decline in executives’ optimism. Concern over where the world economy is heading is fuelled, in part, by worry over China’s slowing growth.
In contrast to previous surveys, both developed and emerging market respondents are equally likely to be negative rather than positive on the world economy:
Across developed markets – and especially in Asia – executives are less upbeat about the state of their home economies than they were three months ago:
The list of threats to near-term economic growth:
Across industries, the biggest risks to company growth diverge
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