The coronavirus effect on global economic sentiment

Executives are more hopeful about the economy—and their own companies’ performance—than they have been since the COVID-19 crisis began.

 
Six months after WHO declared COVID-19 to be a global pandemic,¹ the responses to our latest McKinsey Global Survey suggest a positive shift in economic sentiment.² More than half of all executives surveyed say economic conditions in their own countries will be better six months from now, while another 30 percent say they will worsen: it’s the smallest share of respondents all year to expect declining conditions. And except for those in developing markets,³ respondents in every region are more likely to predict that conditions will improve than that conditions will worsen (Exhibit 1). That is even true of those in North America, where, between June and July 2020, respondents’ outlooks had taken a negative turn.

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Πηγή: mckinsey