Economic
Report
The State of the Global Economy: June 2026
Global confidence has recovered for six straight weeks, but the rebound is fragile. The global index of consumer sentiment’s 4-week moving average is still well below its pre-war baseline — and 11 of 43 markets remain more than 10% below January 2026 levels.
Written by
John Leer
VP, Chief Economist
What’s in the full report?
1. Global consumer confidence by country
China (169.7) and the Gulf states dominate the top of the global rankings, each insulated from Hormuz disruption through alternative supply routes or direct export revenues.
2. How rising energy prices are exporting food insecurity to advanced economies
As of March 2026, food insecurity remains elevated across the world’s largest economies.
3. Consumer confidence by region and country, trended
Explore how confidence has shifted across 40+ markets.
4. How Chinese consumers are breaking away from the rest of the world (especially the U.S.)
The gap between China and the U.S. is a leading indicator of where consumer spending will diverge over the next one to two quarters.
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