Consumer Confidence: Concerns and Spending Intentions around the World, First Quarter, 2013
CONSUMER CONFIDENCE
ConCerns and spending intentions around the World QUARTER 1, 2013
2013 CONSUMER CONFIDENCE SERIES | 1ST EDITION
CONSUMER CONFIDENCE REbOUNDS IN kEy ECONOMIES IN Q1 2013
Global consumer confidence indexed at 93 in Q1 2013, a two-point increase from the previous quarter (Q4 2012), according to consumer confidence findings from Nielsen, a leading global provider of information and insights into what consumers watch and buy. The increase was driven by the positive performance of self-reported key economic indicators (job prospects, personal finances and ability to spend) in the United States, across key Asian export markets, and throughout northern and central Europe.
GLOBALLY
• • Global consumer confidence increased to 93, from 91 in Q4 2012 60% of 58 countries posted improved confidence levels, compared to 33% in Q4 2012
REGIONALLY
• • • • • Spending intentions in North America increased since the beginning of the Great Recession in 2008 Confidence in key Asian export economies rebounded strongly in Q1 Consumer confidence increased in central and northern Europe, surpassing year-ago levels Latin Americans reported spending restraint and a two-point confidence decline in Q1 Consumer confidence in Middle East/Africa declined to lowest level in three years
2
Quarter 1 2013 - Consumer ConfidenCe
The Nielsen Global Survey of Consumer Confidence and Spending Intentions, established in 2005, measures consumer confidence, major concerns and spending intentions among more than 29,000 respondents with Internet access in 58 countries. Consumer confidence levels above and below a baseline of 100 indicate degrees of optimism and pessimism. “Economic perceptions signaled positive momentum as global job prospects, personal finances and spending intentions cautiously edged up in Q1 2013,” said Dr. Venkatesh Bala, chief economist at The Cambridge Group, a part of Nielsen. “Encouraged by positive signs in the U.S. economy and
ConCerns and spending intentions around the World QUARTER 1, 2013
2013 CONSUMER CONFIDENCE SERIES | 1ST EDITION
CONSUMER CONFIDENCE REbOUNDS IN kEy ECONOMIES IN Q1 2013
Global consumer confidence indexed at 93 in Q1 2013, a two-point increase from the previous quarter (Q4 2012), according to consumer confidence findings from Nielsen, a leading global provider of information and insights into what consumers watch and buy. The increase was driven by the positive performance of self-reported key economic indicators (job prospects, personal finances and ability to spend) in the United States, across key Asian export markets, and throughout northern and central Europe.
GLOBALLY
• • Global consumer confidence increased to 93, from 91 in Q4 2012 60% of 58 countries posted improved confidence levels, compared to 33% in Q4 2012
REGIONALLY
• • • • • Spending intentions in North America increased since the beginning of the Great Recession in 2008 Confidence in key Asian export economies rebounded strongly in Q1 Consumer confidence increased in central and northern Europe, surpassing year-ago levels Latin Americans reported spending restraint and a two-point confidence decline in Q1 Consumer confidence in Middle East/Africa declined to lowest level in three years
2
Quarter 1 2013 - Consumer ConfidenCe
The Nielsen Global Survey of Consumer Confidence and Spending Intentions, established in 2005, measures consumer confidence, major concerns and spending intentions among more than 29,000 respondents with Internet access in 58 countries. Consumer confidence levels above and below a baseline of 100 indicate degrees of optimism and pessimism. “Economic perceptions signaled positive momentum as global job prospects, personal finances and spending intentions cautiously edged up in Q1 2013,” said Dr. Venkatesh Bala, chief economist at The Cambridge Group, a part of Nielsen. “Encouraged by positive signs in the U.S. economy and