Survey: Optimism Returns to Global Economic Outlook - Modern Distribution Management

Log In

Survey: Optimism Returns to Global Economic Outlook

Uncertainty remains a factor in the Eurozone outlook, according to the latest McKinsey Global Survey.
jenel-white
Author
Date

For the first time in almost a year, executives responding to the McKinsey Global Survey are more optimistic about their national economies – even in the Eurozone where Greece's debt crisis has been having a negative impact on many other European economies.

We Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.

\"\"

Nearly one-third (32 percent) of Eurozone respondents expect their national economies to improve over the next six months, while 35 percent expect them to remain the same. Compare that to six months ago when only 18 percent expected improvement and 57 percent expected it to worsen.

In North America, the optimism is even stronger: 59 percent of North American respondents expect improvement in the next six month; only 11 percent expect worsening conditions.

Low customer demand remains the No. 1 risk for respondents, but concerns over economic volatility dropped from No. 2 in the December survey to No. 6 on the current survey.

Not all of the results are optimistic, however. Concerns about high commodity prices have increased, particularly those related to oil prices, and expectations are for more inflation over the next six months.

And uncertainly still continues to dominate the landscape when discussing the Eurozone economies. But that is expected to remain until the sovereign debt crisis finds some resolution.

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.