The YPO Global Pulse survey gathers the perspectives of YPO members around the globe regarding the overall current economic climate in their region, as well as expected changes in sales, employee counts and fixed investment affecting their businesses. » Learn more
Last Updated: 10 May 2016 | Next Update: August 2016
Globally, in the first quarter of 2016, the YPO Global Pulse Index composite score remained steady at 58.3, reflecting a relatively optimistic economic outlook. After four consecutive quarters of declining confidence, economic sentiment for the United States remained steady in the first quarter of the year, climbing 0.5 point to 59.6. Confidence in Africa plummeted last year, declining for three consecutive quarters to land at 51.0 in the fourth quarter of 2015, its lowest level in the seven-year history of the survey. Despite the modest increase in confidence in the first quarter of 2016, Africa still trails the global composite score of 58.3 by 5.1 points, and is only ahead of one region, Latin America, in the global rankings. Economic sentiment for Asia remained steady at an optimistic 60.0 in the first quarter of this year, despite significant fluctuations in confidence within the region. For the third consecutive quarter, European Union business leaders recorded the highest levels of economic confidence in the world, climbing to 61.6. The Middle East and North Africa confidence index decreased for the sixth consecutive quarter, falling to 55.6. Only once before in the seven-year history of the quarterly survey has confidence amongst business leaders in the MENA region dropped to this level, which was during the fourth quarter of 2011 at the height of the global economic crisis. Latin America continues to rank as the most pessimistic region in the world, with another significant drop in confidence recorded in 1Q 2016 by 3.6 points to 50.8.
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