Highlights from the April 2013 Survey · 5/1/2013 · the YPO Global Pulse Confidence Index has...
Transcript of Highlights from the April 2013 Survey · 5/1/2013 · the YPO Global Pulse Confidence Index has...
Highlights from the April 2013 Survey
YPO CONFIDENCE INDEX
60.4
CONFIDENCE HOLDS STEADY IN FIRST QUARTER
• RecentdevelopmentsintheEuropeanUnionerasedthegainsinconfidenceofthepreviousquarter,landingtheregionbackatitsOctober2012levelof51.4.
• EightEUcountrieswallowinpessimisticterritory(below50),
includingFrance,Cyprus,Hungary,GreeceandItaly.Forthefirsttimeinfouryears,thecollectiveconfidenceoftheEUcoreeconomiesturnedlowerthanthatoftheperiphery.
• ConfidenceintheUnitedStatesdidnotrallywiththestockmarket
inthefirstquarter:itslevelincheddown0.1pointto60.9,nearthelevelithashoveredaroundsincethemiddleoflastyear,suggestingexpectationsthattheU.S.economywillcontinuetoexpandatamoderatepace.
• Asia’sconfidencealsoheldsteady,withadipinChina’sconfidence
offsetbyabumpinJapan’s,thelatterrallyingtoitshighestlevelinthehistoryoftheGlobalPulsesurvey.
• Confidenceelsewherewaslargelyunchanged.Africaretainedits
positionastheworld’smostoptimisticregion,slippingathirdofapointto67.3.TheonlyregionwhereconfidencebrightenedwasMiddleEastandNorthAfrica,whichedgedup1.9points
to60.3. • YPOandWPOmembers:getexclusivein-depthanalysisat www.myypo.org/globalpulse.FriendsofYPO:see www.ypo.org/globalpulse.
Sincefalling4.1pointsninemonthsago,theYPOGlobalPulseConfidenceIndexhasremainedlargelyunchanged,slippingto60.4inthefirstquarterof2013—0.9pointoffitsJanuaryleveland0.7pointhigherthanwhereitwaslastJuly.ThebiggestmoversweretheEuropeanUnion,down4pointsonthebackofthehungparliamentinItalyandtheCyprusbailoutturmoil,andLatinAmerica,off3.3pointsonweakenedoptimisminMexicoandVenezuela.
YPO CONFIDENCE INDEX bY AREA arrows indicate directional change versus previous quarter
60.4 i 67.3 i 64.2 i 58.8 i 58.7i 51.4 i 60.5 i 60.2 i 60.3 h 60.9 i
Global Africa Asia Australasia Canada European Europe Latin MENA United States Union Non-EU America
YPOCONFIDENCEINDEXTRENDLINESbYCATEGORYn=1,691
Theconfidencenumbersindicatethelevelofconfidenceofthesurveyparticipantsthatthecategorywillincreaseoverthenext12months,onascaleof0to100with50beingneutral.
Global Sales Global Employment Global Fixed Investment
Jul 12 Oct 12 Jan 13 Apr 13 Jul 12 Oct 12 Jan 13 Apr 13 Jul 12 Oct 12 Jan 13 Apr 13
Jul 12 Oct 12 Jan 13 Apr 13
Results by Geographic Area, April 2013
Most recent quarter results, compared to last year
KEY
more than 20% higher
more than 10% higher
about the same
more than 10% lower
more than 20% lower
Expected results one year from now, compared to today
Global Africa Asia Australasia Canada European Europe Latin MENA U.S. Union Non-EU America
Sales
Sales
FixedInvestment
Employee Count
Employee Count
FixedInvestment
expressed as a percentage of total category responses