Dun & Bradstreet Launches Business Optimism Report

In the US, business data and analytics provider Dun & Bradstreet has launched its first Global Business Optimism Insights report, tracking the sentiment of businesses around the world.

Dun & Bradstreet supplies business information and research, with a global database containing commercial data on more than 240 million companies. The insights in its new report come from combining findings from a survey of approximately 10,000 businesses across 32 economies; analysis of Dun & Bradstreet's proprietary data; and its economic expertise. The indices range from 0 to 100, with a reading above 50 indicating an improvement and below 50 a deterioration.

The report is an amalgamation of five indices for 32 economies including the Global Business Optimism Index, Global Business Supply Chain Continuity Index, Global Business Financial Confidence Index, Global Business Investment Confidence Index, and Global Business ESG Index. The inaugural report suggests that Nordic businesses are the most pessimistic about their supply chain continuity, followed by US-based businesses. Russian businesses prop up the table in the Global Business Investment Confidence Index, despite their average being the most improved.

D&B's Global Chief Economist Arun Singh (pictured) comments: 'The declines in Global Business Optimism, Supply Chain Continuity, and Financial Confidence indices reflect the underlying stress in the global economy. However, the global economy has not fared as badly as feared, as most businesses anticipate a 2% to 6% growth in their investment levels across technology, real estate, product development and sustainability initiatives, offering hope for improvement in economic conditions'.

Web site: www.dnb.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.