Moore Global Thrive Index Reveals Optimism in Mid-Market Firms
Overview of the Thrive Index Findings
The Thrive Index, initiated by Moore Global, signals a significant wave of optimism among mid-market companies worldwide. This insightful index gathered perspectives from over 2,000 business leaders, shedding light on their outlook regarding economic conditions despite a backdrop of global uncertainties.
Optimistic Sentiment Among Mid-Market Companies
The inaugural report of the Thrive Index showcases that mid-market enterprises are largely positive about future economic prospects. This optimism endures even amid challenges such as fluctuating tariffs and persistent geopolitical tensions that are typically expected to dampen sentiments.
Survey Insights Across Leading Economies
Moore Global conducted a comprehensive survey involving leaders from 14 of the world's major economies, focusing on critical aspects like overall sentiment, revenue forecasts, cost management, labor dynamics, and investment plans. The responses reveal a robust confidence within this sector, pivotal to the global economy.
Understanding the Thrive Index Scores
The scoring mechanism of the Thrive Index operates on a scale from -100 to +100. A score of +35.1 in this first edition illustrates a predominantly positive sentiment among surveyed mid-market leaders, with nearly 75% reporting improved performance in the past year. A notable highlight was India's impressive score of +48.7, reflecting a strong trajectory in revenue, staff growth, and investments.
Sector Performance Highlights
Delving deeper into specific sectors, the IT industry recorded the highest Thrive Index score of +44.2, indicative of flourishing growth. In contrast, the wholesale trade sector lagged with a score of +17.6. Notably, wholesalers expressed a more optimistic outlook for the upcoming year, particularly regarding revenue and employment opportunities, showcasing their resilience.
Leadership Insights from Moore Global
Anton Colella, CEO of Moore Global, emphasized the report's fascinating findings that highlight the adaptability and strategic foresight of mid-market leaders. He remarked on their commitment to investing in both personnel and technology to navigate and excel in challenging economic landscapes.
About Moore Global
Moore Global is an esteemed global network dedicated to empowering individuals and businesses to thrive, encompassing clients, employees, and local communities. With a proficient team of over 37,000 professionals in 563 offices spread across 116 countries, Moore Global ensures a comprehensive range of accounting and advisory services tailored to meet diverse needs both locally and internationally.
Contact Information
For further inquiries, please reach out to:
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Frequently Asked Questions
What is the Thrive Index?
The Thrive Index is a report by Moore Global assessing the economic outlook and strategic perspectives of mid-market business leaders across several countries.
Who conducted the survey for the Thrive Index?
The survey involved Moore Global, gathering responses from over 2,000 business leaders internationally.
What does a Thrive Index score of +35.1 indicate?
This score reflects the overall positive sentiment among mid-market leaders, showcasing their optimism about future business conditions.
Which sector performed the best according to the Thrive Index?
The IT sector had the highest score of +44.2, indicating robust growth and positive expectations.
Why is Moore Global important for mid-market companies?
Moore Global provides crucial insights and support that empower mid-market enterprises to thrive, especially in challenging economic environments, fostering resilience and growth.
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