Global economic conditions survey report: Q1, 2013
The global economic conditions survey, carried out jointly by ACCA and IMA since late 2011, is the largest regular economic survey of accountants in the world, both in terms of the number of respondents and in terms of the number and scope of economic variables it monitors. Its main indices are good predictors of GDP in the OECD countries and daily trend deviations correlate well with the VIX or ‘fear’ index, which measures expected stock price volatility.
The Q1 2013 survey is the sixth jointly carried out by ACCA and IMA and the seventeenth in the series since it was launched in early 2009. Between 28 February and 21 March 2013, it attracted responses from just under 2,000 finance professionals, including almost 800 senior managers, and among those 168 CFOs. Previous editions is the GEC survey report: