Thought for the day

The February Global Sales Managers Index
Rises to a 2-year High


 
Last updated: 3 July 2024
 
World economic activity is starting to look rather buoyant when seen through the lens of economic growth in the world's three largest economies (China, India and the USA), which for most of the recent past have collectively contributed close to 60% of global growth.

Global Headline Sales Managers Index
Diffusion Index. (50 = 'No Growth')
The February Global Sales Managers Index - Rises to a 2-year High


The Sales Managers Global Business Confidence Index rose to an index reading of 53.2 in February, a 25-month high. All growth related Indexes were positive, and the overall composite Global Sales Managers Index came in at a 27-month high.

Strong indications that the world may avoid the much predicted global recession in 2024, and enjoy at least moderate economic growth.
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