The latest data, collected in the period 12 to 27 October 2011, highlights a decline in business confidence. Amid widespread uncertainties surrounding the global economy and financial markets, companies have revised down their expectations regarding growth of activity, new business, revenues and profits. As a consequence, staff recruitment plans and investment have been scaled back.
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globalbusinessoutlook@kpmg.com
Data collection for the Pulse survey is undertaken by Markit; a leading, global financial information services company with over 2,300 employees.
For more information, see www.markit.com