Global marketing outlook remains positive in May
- Global marketing budgets rise for fifth consecutive month, but Europe slips back
- Headline GMI once again performs strongly in all regions
- Staffing levels continue to rise rapidly in all regions
Marketers are showing continuing confidence in the state of the industry, according to latest results from Warc’s monthly Global Marketing Index (GMI).
Combines data for trading conditions, marketing budgets and staffing. Above 50 = generally improving; below 50 = generally declining
The headline GMI reading – which takes into account marketers’ expectations for trading conditions, marketing budgets and staffing levels – recorded a value of 56.5 in May, exactly the same as the result from April, demonstrating that, overall, the global marketing community is expecting conditions to improve in the near future.