OTHER NEWS - Nov. 10, 1992
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Survey Sees Worldwide Business Optimism Slipping: Difficult economic conditions around the world, including Britain’s currency crisis, Japan’s sluggish economy and Germany’s recent increase in interest rates, have tempered the mood of business executives worldwide, according to Dun & Bradstreet Corp.’s latest survey of more than 11,000 business executives in 15 countries. The survey found that the worldwide outlook for higher fourth-quarter sales and profit slipped, following two quarters of increasing optimism. D&B;’s vice president and chief economist, Joseph W. Duncan, said expectations for higher fourth-quarter sales and earnings in Europe are at the lowest level since D&B; began its survey there in the second quarter of 1988.
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