Companies across the world remain confident that the economic recovery is durable with increasing numbers now planning additional capital expenditure in the year ahead.
In a survey conducted in June of more than 6,000 manufacturing and service sector companies across all leading economies, confidence about business activity in the next 12 months was as high as in February, despite renewed turbulence following the Greek crisis.
With few exceptions, such as Greece, companies were overwhelmingly positive about the future and the survey indicates that they are planning on the basis that the expected slowdown in the second half of this year does not persist.
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