Overview:
Counterpoint’s Macro Index rose to over 77 in March 2023, from 76.25 in February, despite ongoing challenges to the global economy and politics.
Over the course of Q1 2023, the Index shifted sideways within a thin range. However, the underlying factors moved substantially: consumer and business sentiment rebounded globally, tech sentiment retreated a little, but politics and policy-related factors deteriorated sharply. This is the first QoQ rise in the Index in over a year, though conditions are still uncertain and remain decisively in negative territory.
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Published
Apr 24, 2023
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