Economic conditions snapshot, June 2019 : McKinsey Global Survey results

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<subTitle>: McKinsey Global Survey results</subTitle>
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<namePart>Singer, Vivien</namePart>
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<abstract displayLabel="Summary">Executives' views of the global economy are more downbeat than they have been in years, and few expect improvements in the months ahead, according to McKinsey's latest survey on economic conditions. In fact, in every region, respondents are more likely to say conditions in the global economy and their home countries have declined in recent months. What's more, for the first time since we began asking about expectations for the global economy in 2011, a majority of respondents say they expect the economy to worsen in the next six months. Concerns about trade have grown since the previous survey, and a rising share of respondents predict that the level of trade between their home countries and the world will decline over the next year. Among regions, there are some bright spots: respondents in Latin America and India offer more positive expectations than their peers elsewhere on trade levels and their economies' prospects. Meanwhile, those in developed Asia are particularly glum across a range of macroeconomic and company-level issues.</abstract>
<note type="statement of responsibility">Alan FitzGerald, Vivien Singer, Sven Smit</note>
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