• 24-JAN-2012

  • SOURCE: PricewaterhouseCoopers LLP

CEOs Say Prospects Gloomy for Global Economy

Nearly half (48%) of the 1,258 CEOs polled worldwide believe the global economy will decline even further in the next 12 months, according to PwC's 15th Annual Global CEO Survey. Just 15% said the global economy will improve during 2012. However, nearly three times as many CEOs are confident in their own companies' growth prospects for the next 12 months than in the outlook for the global economy, suggesting CEOs believe they have learned how to manage through difficult and volatile economic times. Available material includes soundbites with and without graphics from Dennis Nally, PwC Chairman about the CEO survey. Footage from the presentation in Davos will be available shortly.