ACWF - PMI Survey Comments Show Mounting Global Pessimism
Anecdotal evidence from global survey panellists shows that the worldwide outlook is becoming increasingly gloomy. Long-running trends such as trade wars and political tensions continue to dampen businesses' forecasts, while new tensions in Asia add to fears of an uncertain future.
IHS Markit's Purchasing Managers' Index (PMI) surveys ask contributing companies to report on changes in key business metrics, such as activity, new orders, exports, input prices, inventories and employment, and to also provide views on their future expectations. Globally, the surveys compile responses from around 28,000 companies in over 40 countries monthly.
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