trending Market Intelligence /marketintelligence/en/news-insights/trending/AaJ_KvXikS9OPG7RYuNXaQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Majority of CEOs see slower global GDP growth in 2020, PwC survey shows

Strong adoption of AI/ML monitoring tools is driven by tech leaders

Amazon e-commerce sales soar amid COVID-19

European Energy Insights - October 2020

Banking Essentials - October 2020

Majority of CEOs see slower global GDP growth in 2020, PwC survey shows

A majority of CEOs across the globe believe that world GDP growth will slow in 2020, while business optimism among company heads slumped to its lowest level in more than a decade, according to a survey conducted by PricewaterhouseCoopers.

Of the 1,581 CEOs surveyed by PwC, 53% saw global GDP growth declining in 2020, marking the first time the figure exceeded 50% since 2012. In 2018, 57% of CEOs expected global GDP to improve in the following year, PwC noted.

Pessimism was prevalent across all regions, with CEOs in North America the most pessimistic about global growth prospects for 2020 at 63%, followed by Western Europe at 59% and the Middle East at 57%.

The gloomy outlook on the world economy may have affected executives' expectations regarding the growth of their businesses, according to PwC.

Confidence levels among CEOs regarding their companies' 12-month and three-year revenue growth prospects fell to their lowest since 2009. Only 27% of business executives said they were very confident about their companies' revenue growth in the next 12 months, while 34% said they were confident about their three-year prospects.

At least one out of every three CEOs surveyed said they were concerned about over-regulation, trade conflicts, uncertain economic growth, cyber threats and policy uncertainty. The availability of key skills and geopolitical uncertainty were also major concerns among CEOs in the year ahead, PwC data showed.

The subdued outlook was concerning, but not surprising, according to PwC Global Chairman Bob Moritz. "Shifting headlines around trade conflicts, climate change, political strife, cyber threats, social unrest and the like, cloud CEOs outlook on the road ahead," Moritz said, while adding that opportunities still lie ahead for companies willing to invest in data privacy, upskilling and sustainability initiatives.