Company leaders across the world are most optimistic about doing business in the US in 2015, according to a new global survey.
PricewaterhouseCooper’s (PwC) Annual Global CEO Survey, received feedback from 1300 CEOs from 77 countries (excluding the country where each CEO is based).
Each was questioned on their most important business markets over the next 12 months.
In recent years China has been the most favorable market.
However, because of the slowing Chinese economy, including cooling property prices, the US has edged ahead for the first time.
This is due mainly to the country’s economic growth fuelled by a fracking boom and higher consumer spending.
Even though 38 percent of CEOs are optimistic about their business chances in the United States in 2015, China is still highly relevant.
About 34 percent of company leaders still consider it the market with the best growth prospects this year.
Germany was ranked third, attracting 19 percent of total votes. Australia made the top 10, with six percent ranking it an attractive business destination.
Generally, mature markets are attracting the majority of optimism for 2015 – the United Kingdom is ranked higher than Brazil while Japan is seen as more promising than Russia.
This chart shows worldwide markets with the best growth/business prospects in 2015, rated by CEOs.