VIDEO from PricewaterhouseCoopers LLP available on thenewsmarket.com: PwC's Global Survey Reveals CEOs' Confidence Is Restored
NEW YORK, Jan. 25, 2011 /PRNewswire/ -- See video from PricewaterhouseCoopers LLP at:
CEOs' confidence in future growth has returned to nearly pre-crisis levels, according to PwC's 14th Annual Global CEO Survey. In the worldwide poll of 1,201 CEOs, 48% said they were "very confident" of growth in the next 12 months, compared to the 31% last year and approaching the 50% in 2008 before the onslaught of the economic crisis. Renewed confidence was spread across all continents, with CEOs in India, Austria, Colombia, Peru, China, Thailand and Paraguay particularly upbeat about near term growth. CEOs in Western Europe were the least confident. German CEOs were an exception, with nearly 80% of CEOs "very confident," up from about 20% last year. The survey results were released at the World Economic Forum annual meeting in Davos. CEOs considered China the most important country for future growth. China, together with the US and India were seen as the most important future sources for raw materials. Available video includes b-roll, soundbites from Dennis Nally, as well as an edited package on the key findings of the survey. Still images and audio files are also available. All video material from PwC's press briefing in Davos will be available here on January 26 am GMT.
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