The Economist published a barometer of world business according to 1,500 senior executives. It’s a complicated graph but very interesting because it shows North America will once again lead the world out of trouble.
Read it as follows, “Balance of respondents expecting:”
- global business conditions to improve (let side)
- their companies to have more employees in a year’s time (right)
On both sides North America leads the way with improving business conditions and new hirings.
“In North America more executives are bullish than bearish for the first time in a year. On jobs, the balance of firms expecting to hire over the next year has increased in all regions.”