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The only CEO economic sentiment indicator to span the globe on a quarterly basis.

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: 9 May 2017 | Next Update: August 2017

MARGINAL INCREASE IN GLOBAL ECONOMIC CONFIDENCE IN 1Q 2017

1Q 2017 Survey Results

The YPO Global Pulse Confidence Index remained stable, rising just 0.3 point in the first quarter of 2017 (1Q 2017) to 62.5. In the United States, business confidence remained steady at 64.9 following recent tax and regulatory reforms. Economic confidence in Canada climbed 3.7 points to 62.1 following a recent upswing in commodity prices. Confidence dropped 1.2 points in Latin America to 57.1. While not a sizeable decline, economic uncertainty is widespread across most countries in the region. However, confidence in Brazil continues to climb as oil prices escalate.

In the European Union (EU), confidence remained unchanged in 1Q 2017 at 60.9. However, in the non-EU European states, the Index declined 2.5 points to 51.8, the lowest level of confidence since July 2009. The drop can be largely attributed to Switzerland, where confidence plunged 11.9 points to 45.8, well below the neutral mark of 50.0.

Economic confidence in Asia rose 2.1 points to 63.3, the region’s highest reading in two years, offsetting the previous quarter’s business confidence slump. The most significant change in the Asia-Pacific region occurred amongst the developing Association of Southeast Asian Nations (ASEAN), which include Indonesia, Malaysia, Singapore, Thailand, the Philippines and Vietnam. Confidence among these countries jumped 4.0 points to 66.0 in 1Q 2017, following a significant 9.4-point increase in 4Q 2016.  

After a confidence surge of 5.6 points to 59.5 last quarter, the Middle East and North Africa (MENA) region reported the biggest decline in confidence, dropping 4.5 points to 55.2.

In Africa, confidence continued its downward trend, following a 0.8-point decline in 4Q16 with a slight dip of 0.3 point to 54.4.

Overall economic confidence of the survey participants on a scale of 0-100, with 50 being neutral
Level of confidence of the survey participants that sales will increase over the next 12 months (0-100 scale, with 50 being neutral)
Level of confidence of the survey participants that their total number of employees will increase over the next 12 months (0-100 scale, with 50 being neutral)
Level of confidence of the survey participants that they will increase capital spending over the next 12 months (0-100 scale, with 50 being neutral)
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GP1Q17 infographic

Regional Findings - 1Q 2017

Most recent quarter results, compared to last year

Sales
Employment
Fixed Investment

 

Expected results one year from now, compared to today

Sales
Employment
Fixed Investment
For more information about the YPO Global Pulse, contact ypoglobalpulse@ypo.org.
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Future YPO Global Pulse survey results will be announced in August 2017, November 2017 and February 2018.

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