‘Global Ex­ecs Turn Cau­tious on Eco­nomic Outlook’

The Economic Times - - Companies -

Ex­ec­u­tives’ outlook for the econ­omy has turned cau­tious and re­spon­dents are now more likely to ex­press neg­a­tive views on global and do­mes­tic eco­nomic con­di­tions, a McKin­sey re­port states. This down­ward turn in ex­ec­u­tive op­ti­mism is es­pe­cially pro­nounced in de­vel­oped mar­kets, said the sur­vey that cov­ered 2,772 re­spon­dents. About 48% ex­ec­u­tives felt con­di­tions have moved down­hill.

NEW DELHI

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