The world’s leading survey of mid-market companies, Grant Thornton’s IBR, once again provides vital insight into the health of the global mid-market. These results for H1 2019 reflect the views of nearly 5,000 mid-market companies across 30+ countries interviewed in May and June of this year.
Growth expectations take a hit in H1 2019
*Net figures – percentage of respondents expecting an increase minus the percentage expecting a decrease.
The overall picture is concerning. Compared with H2 2018, economic optimism, revenue expectations and profitability expectations are all down. Most of the main measures of growth are at levels not seen since 2016. But it isn’t all bad news. There are pockets of resilience across the mid-market. One of these areas is export expectations, which are undimmed globally despite the US-China trade war. Some regions have also held up well, and in badly impacted regions like Asia Pacific (APAC), there are still signs of health particularly in emerging markets.