Having polled 647 business executives worldwide, this annual report published by the Economist Intelligence Unit (EIU) is announcing better prospects in the coming months for the six key industries (Automotive, Consumer Goods and Retail, Energy, Financial Services, Healthcare and Telecommunications).
The findings of the survey point to an imminent recovery in the developed countries, driven by the resurgence of the automobile industry, growth in the retail business and the growth impact of the new United States regulations on healthcare systems. But what is perhaps more interesting than the apparent increase in overall consumer confidence is the factors powering the recovery. In all the three of the sectors mentioned above, it is innovation that is driving growth, by both generating unique products that are more tailored to customer needs and bringing about steady reductions in prices due to increasing economies of scale.
The report is available to download from the Economist Intelligence Unit website (pre-registration is required).