Monday, July 15, 2013

15/7/2013: 12 Months Ahead, Things are Getting Darker...

Two charts on business expectations for 12 months forward, via Markit (full release here:

First, global (lower levels represent lower percentage of businesses expecting growth in the next 12 months net of the percentage expecting contraction):

and now, regional
 Ouch!.. For euro area, things are clearly bad enough and they get worse when we compare June 2013 results to February 2013. For Japan, same and even sharper. US is in the pain zone too. UK throws strange outlier.

Would have been good to see actual percentages listed on the bars... but...

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