The Latest Analysis
The recent volatility in global financial markets has not shaken global business confidence. Global businesses remain stalwart in their positive feelings about the economy, at least so far. Sentiment is consistent with a global economy that is expanding well above its potential. Close to one-half of respondents to the survey say that current business conditions are improving, and that they will be even better by this summer. Close to a record low percentage of responses to the survey questions were negative last week.