Friday, December 18, 2009
Is credit starting to flow?
Every six weeks, the Mckinsey Quarterly conducts an economic conditions snapshot survey of a panel of executives around the world. For the first time in more than a year, the proportion of respondents who report that their companies have sought external funds has changed significantly—increasing to 41 percent, from 32 percent in October. What’s more, a higher proportion of these companies actually received the money they sought. Their findings may indicate a rising—and apparently well-founded—hope among executives that credit will be available.
(Image source: Professionalcreditsolutions.com)
Labels:
Credit Crisis,
External Funds
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