Economic Conditions Snapshot

In the global economy and at home, executives identify geopolitical issues as the greatest risk to growth. The concern is especially acute in Europe and North America, according to McKinsey’s latest survey on economic conditions, where respondents see geopolitical instability as both a short-term threat and a long-term problem. Even so, their overall economic outlook has brightened in the three months since our last survey. Developed-market executives are more upbeat about the state of the economy than their emerging-market peers, yet more conservative in their expectations for China’s growth prospects—about which executives in China are the most bullish.

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