Home | TrendTracker | PowerBlog Reviews | The Experts | Newsletter
ABOUT
SMALL BUSINESS TRENDS brings you daily updates on trends that influence the global small business market.
Anita Campbell, Editor
Past life: CEO, corporate executive, tech entrepreneur, retailer, general counsel, marketer, HR ... (more)
email me
free business magazines
FREE BUSINESS MAGAZINES
Trade publications FREE to qualified professionals. No hidden offers and no purchase necessary.
On Wall Street
The Deal
Computing Canada
CIO
Employee Benefit
Oracle Magazine
100+ additional titles. Click to browse.
ARCHIVES & SEARCH
Previous Small Business Trends articles can be found at the links below:
October 2003
November 2003
December 2003
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004
November 2004
December 2004
January 2005
February 2005
March 2005
April 2005
May 2005
June 2005
July 2005
August 2005
September 2005
October 2005
November 2005
Or, use the search box below to find a
specific post:


NEWSLETTER
Sign up for our FREE Small Business Trends newsletter. (View Current)

We publish regularly and promise we won't share your email address with anyone. (Privacy Policy)
SMALL BIZ INFO & RESOURCES
BLOGS TO READ DAILY*
* Don’t have time to read several dozen blogs a day? Pick two or three. Your brain will thank you for it.
ONLINE COMMUNITIES
BLOG DIRECTORIES
THE BUZZ

SPECIAL RESOURCES
Small Business Trends Radio
Tuesdays, 1:00 PM Eastern U.S. time
on Voice America network
Click to listen

November 1st: Torsten Jacobi, CEO of Creative Weblogging, joins host Anita Campbell. Sponsored by Six Disciplines. Show details.
Tuesday, July 20, 2004
Global Confidence Remains Positive
The outlook for the global economy remains positive according to a McKinsey survey released this month of 5,500 senior corporate leaders from around the world. However, participants were less exuberant in their enthusiasm than they had been in January.
 
The highest levels of confidence were to be found in India and China. Sixty-nine percent of their respondents expect conditions to be either substantially or moderately better in the next six months. These robust assessments were down a small amount from January. But the confidence of executives in emerging markets other than these two giants fell three times as much as that of executives in more established economies to a level of 56% positive.
 
Confidence in the near term is weakest among executives in the developed Asia-Pacific economies (Australia, Hong Kong, Japan, New Zealand, Singapore, South Korea, and Taiwan) reports McKinsey. There, 54% forecast better times ahead.
 
In the North American Market (Bermuda, Canada, and the United States the rate of positive response was 59%.
 
What do the survey results tell us about day to day expectations? Prices are likely to remain stable. Seventy-four percent of respondents indicated that they either did not  plan to increase prices or that price cuts were on the horizon. Hiring is likely to increase. Forty-three percent said their companies would start recruiting. Small business executives were by far the most confident about adding to their payrolls. 

TrendTracker Trend: Small Business Market Goes Global
More news... more trends... more insight...

Home | Privacy | Terms | SmallBizTrends
(c) Copyright 2003 - 2005, Small Business Trends LLC. All rights reserved.