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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Author

Yang Wang

Yang is a Senior Research Analyst at Counterpoint Research, based out of London. Yang has eight years of work experience with particular interest in mobile devices, ecosystems, Emerging Markets, and macro topics that affect the global technology industry like economics, policy and supply chains. Yang started his career as a management trainee at Jardine Matheson, worked in business development at a SaaS startup, and most recently held marketing and research roles at KaiOS Technologies. Yang holds a Master of Science in Management from London Business School, and a Master of Science in Psychology from the University College of London.

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