Moody's Economy.com Survey of Business ConfidenceThis Week's Survey
Global business confidence is slowly improving. Businesses remain cautious, but sentiment is much better than at the beginning of the year and is consistent with a tentative global economic recovery. Businesses were much more upbeat last week regarding their sales and hiring; there were more positive than negative responses to these questions for the first time since the summer of 2008. They are also notably optimistic about the economy's prospects next spring. Pricing remains weak, and they continue to cut inventories. South American businesses are the most positive, and North Americans are generally the most negative.
About the SurveyThe Moody's Economy.com Survey of Business Confidence is a weekly economic indicator that is released each Monday on Dismal Scientist (www.dismal.com), Moody's Economy.com's real-time global economic analysis service. Each week Dismal Scientist surveys its subscribers—key decision makers and planners from a diverse array of companies worldwide that have unique insights into the performance and concerns of their respective companies—on current and future business conditions, plans, and concerns. Since its introduction in 2005, the Survey of Business Confidence has proved to be a unique and insightful indicator of the global economy across regions and industries. Dismal Scientist subscribers receive exclusive access to the full results of the survey. How to ParticipateSubscribing to Dismal Scientist provides you with access to the web's best global economic information—and includes an invitation to participate in the Moody's Economy.com Survey of Business Confidence. |
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