Inbound Investment Survey - August 2019
The U.S. business climate and employment expectations slump in light of growing trade uncertainty.
While less than a third of GBA members indicate the pandemic is having a “significant” impact on their company (31%), 47 percent say it is affecting their business at a “moderate” level. Among those in the manufacturing sector, 55 percent report that the pandemic is having a “moderate” impact.
On average, GBA members anticipate it will take nearly 14 months for their company to financially recover from the pandemic. Critically, that recovery rate is 57 percent faster than the time they think it will take the U.S. economy as a whole to recover, and nearly twice as fast as global economy overall. Just over half of GBA members (52%) expect to maintain their current employment level over the next six months.