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Gobal economic update

Improving sentiment

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As we enter the home stretch for 2013, indicators of business and consumer sentiment reflect growing optimism that 2014 will be a better year than 2013 in every region. In Europe, the transition from recession to recovery continues with mixed results depending on the country.

In the Asia/Pacific region both Japan and China continue to show improvement with signs of stronger manufacturing and, in Japan, healthy growth in consumer spending. The U.S. saw consumer confidence drop amidst other signs of continuing slow growth, however, this reflects the impact of the Government shutdown and should be reversed in the current month.

Source : Cushman & Wakefield

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