#London #United Kingdom #Moore Global #Midsize Companies #Thrive Index

The Thrive Index: A Glimpse into Mid-Market Optimism

In an era marked by uncertainty and volatility, the first Moore Global Thrive Index has emerged as a beacon of hope for mid-market enterprises. This groundbreaking report, released by Moore Global—an esteemed global network for accounting, auditing, and advisory services—draws insights from over 2,000 executives across 14 of the world’s major economies.

The Thrive Index highlights the prevailing sentiment among business leaders regarding the future economic landscape. Despite the looming threats of tariffs and ongoing geopolitical tensions, these leaders remain largely optimistic about what lies ahead. The Index is meticulously compiled based on five critical dimensions: the overall assessment of the business environment, revenue expectations, cost predictions, labor market conditions, and investment prospects.

Methodology Behind the Index

To construct the Thrive Index, responses to various questions were quantified using a balance measure that subtracts negative feedback from positive responses. The final score ranges from -100, indicating a completely negative outlook, to +100, signaling an entirely positive sentiment. The inaugural assessment yielded a score of +35.1, marking a distinctly favorable outlook for the executives surveyed.

Key Findings and Highlights

Remarkably, nearly 75% of respondents reported improved business performance over the past year. Notably, India led the pack with an impressive score of +48.7, indicative of robust reports surrounding growth in revenue, workforce, and investments. In stark contrast, several countries within the European Union reported some of the lowest scores, underscoring the sluggish growth expectations in this economic zone.

When diving deeper into sector-specific performance, the IT sector shone brightly with a score of +44.2, while the wholesale sector trailed with a score of +17.6. However, optimism abounds in the wholesale sector as well, particularly regarding upcoming revenue and employment outlooks for the coming year.

Insights from Leadership

Anton Colella, the CEO of Moore Global, commented on the findings, stating, "Our results are fascinating and illustrate the agility of ambitious mid-market companies. They are investing more in personnel and technology to secure an edge in a challenging economic climate." This suggests a proactive approach among mid-market companies as they navigate the complexities of the present and prepare for future growth.

Download the Complete Report

For business leaders and industry stakeholders seeking a detailed analysis of the data, Moore Global provides access to the full Thrive Index report. This comprehensive document offers invaluable insights that can enhance strategic planning and decision-making processes for those operating within the mid-market sphere. Download the report here.

About Moore Global

Moore Global is dedicated to empowering individuals and organizations to achieve success. With a presence in 563 offices across 116 countries and a workforce exceeding 37,000, the firm integrates local expertise with global standards to meet diverse client needs effectively. Their commitment transcends business goals, aiming to positively impact communities globally, ensuring that they thrive in various dimensions of operational and social success.

The Thrive Index stands not only as a survey of current sentiments but as a tool for mid-market companies to navigate the intricacies of today's economy while fostering growth and resilience.