U.S. executives remain more optimistic about theirbusiness prospects over the next year than their counterparts in Europe,according to the latest Global Business Outlook survey from Big Four firm KPMG.
The highest sentiment was among manufacturing sectorexecutives, where 71 percent of U.S. executives said business activity would behigher in the coming 12 months, up from 65 percent in October; 5 percent saidit would be lower, down from nearly 11 percent in the last survey; Globally, 61percent of manufacturing executives expected improvement, up from 57 percent inOctober.
Among service sector execs, 63 percent expect highactivity in the coming 12 months, versus 53 percent of service executives inEurope who expect improvement in the ensuing 12 months.
The KPMG Global Business Outlook Survey polls about11,000 executives across 6,200 companies representing manufacturing and serviceproviders in 17 countries. More than 332 U.S. manufacturing executives and 237service-industry executives participated.
