The following is excerpted from a 17 August 2011 release by the International Chamber of Commerce.
After the first two improved quarters of 2011, the global economic upswing is faltering, according to the latest quarterly World Economic Survey (WES) from the International Chamber of Commerce (ICC) and the Munich-based Ifo Institute for Economic Research, published today.
The World Economic Climate indicator fell by 10 points, from 107.7 in the second quarter of 2011 to 97.7 in the third. It fell based on the assessment of 1,080 economic experts, in 117 countries, who responded to the WES survey questions on both the current economic climate, as well as on the next six-month outlook...
This release is available in its entirety on the International Chamber of Commerce website at:
http://www.iccwbo.org/policy/economic/index.html?id=45360