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: 7 February 2017 | Next Update: May 2017
The YPO Global Pulse Confidence Index rose significantly to 62.2 in the fourth quarter of 2016 (4Q 2016). In the United States, economic confidence climbed 4.2 points to 64.6 in 4Q 2016, its largest single-quarter gain in five years, representing the highest ranking among the regions surveyed. In the MENA region, confidence surged 5.6 points to 59.5. This jump in confidence follows OPEC’s decision in November to cut oil production, which caused oil prices to increase by USD10 per barrel. Chief executives in Asia reported a modest increase in economic confidence, climbing 1.2 points to 61.2. However, confidence surged 9.4 points to 62.0 in the developing ASEAN economies, as commodity and oil prices staged a rebound. Canada’s outlook improved, and after falling 3.1 points in the third quarter, confidence increased 1.6 points to 58.4. Latin American confidence increased 2.4 points to 58.3, bolstered by a nearly 8.0-point jump in Mexico. Economic confidence in the European Union (EU) edged upwards to 60.9 in the quarter, reflecting a steady economic outlook. Africa was the only region to report a decline in confidence in 4Q 2016, slipping slightly by 0.8 point to 54.7.
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