Two recent surveys indicate widespread optimism about the economy and our industry.
First, a McKinsey & Company survey of global executives points to a great amount of optimism. In this survey, when asked about current North American economic conditions compared with six months ago, 59% said they were either ‘substantially better’ or ‘moderately better’, while 30% reported they were about the same. When asked what they expect conditions to be in six months, 51% said they will be ‘substantially better’ or ‘moderately better’, and 39% said they would be the same. In short, only about 10% of North American executives surveyed said they thought conditions were declining.