For the second consecutive month the current conditions index remained above 50, the threshold indicating conditions are favorable for growth, in all regions except Europe. Compared to last month's index, the breadth of confidence in current business conditions increased in Latin America, but narrowed in the other three regions.
The future conditions index values also showed no substantive change from the August results, with all four regions reading above 50 index points. Even with this positive outlook for conditions six months from now, business conditions in Europe bear watching as this region was the only one to record a narrowing of the breadth of confidence when compared to the August results.