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: 8 August 2017 | Next Update: November 2017
The YPO Global Pulse Confidence Index remained stable, dipping 0.5 point in the second quarter of 2017 (2Q 2017) to 62.0.
In the United States, business confidence declined 1.6 points to 63.3, following two consecutive quarters of gradual increases, as leaders continue to wait on the implementation of promised pro-business policies.
Economic confidence in Canada climbed 0.8 point to 62.9 on the back of factors such as steadying oil prices and rising tourism boosting job creation and economic output.
Confidence increased 2.1 points in Latin America to 59.2. Mexico reported one of the largest increases in the region, rising 6.8 points to 67.6.
In the European Union (EU), confidence rose 2.2 points to 63.0. In non-EU European states, which had the lowest rating last quarter, confidence soared 8.5 points to 60.3, mostly attributed to a 16.1-point increase in Switzerland.
Economic confidence in Asia dropped 1.8 points to 61.5. While several countries, including China, Japan and India, reported only slight declines, confidence in Singapore plunged 9.5 points.
In Africa, economic confidence rebounded 1.9 points to 56.3, although it retains its position as the second least-confident region.
In the Middle East and North Africa (MENA) region, confidence declined 4.5 points to 50.7, following a 4.3 drop in the previous quarter, making it the least confident region, globally.
Australasian CEOs proved to be the most optimistic, as their confidence levels increased 3.6 points to 67.0.
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