Global economic conditions survey Q4, 2017

The final report in 2017 from our joint global survey with IMA shows that economic confidence dipped slightly in Q4 but remains higher than the same period for the past two years.

pi-GECS-Q4-2017-cover

In Q4 of 2017 the number of respondents expecting conditions to worsen exceeded those expecting conditions to improve by 14 percentage points, causing the small dip in confidence this quarter. 

However the overall level is still higher than its average of the past couple of years. This is broadly consistent with the PMIs and the hard economic data, which suggest that the global economy remains in decent health.