Business optimism reached a record level in 2017’s second quarter; two other key indicators — global revenue and profitability expectations — are also at all-time quarterly highs, according to newly released figures from Grant Thornton.
Specifically, business optimism reached a level of +51 percent, marking five consecutive quarters of increases. was particularly strong in the U.S., where it reached an all-time high point of 81 percent; the EU ascended to a two-year high, 50 percent, and in China, business optimism remained at 48 percent, a nearly three-year high.
However, a number of organizations across the world seem to be facing future skills shortage issues. The percentage of companies with a lack of skilled workers also hit its highest-ever quarterly mark, increasing to just over one in three (35 percent).
Find out more about the current state of business optimism and other factors affecting the global market, view more information about Grant Thornton’s International Business Report.