Source page: McKinsey & Company

Commentary

Visual form

Stacked Bar / Stacked Column: horizontal country sentiment bars for COVID-19 economic recovery expectations.

Layout / body structure

Countries are listed down the left, and each horizontal bar is divided into pessimistic, unsure, and optimistic response segments. The ordering lets Australia be read against more optimistic Asian markets and more pessimistic European markets.

What is being compared

It compares consumer expectations for economic recovery across Australia and other surveyed countries, including China, India, Indonesia, the United States, Switzerland, Brazil, Germany, Canada, Japan, and European peers.

Measurement system

Each bar shows percent of respondents. The three sentiment segments sum to 100 percent for each country.

Visible structure inside the graphic

China and India have large optimistic segments, while Japan and several European countries have very small optimistic segments. Australia sits between those ends with a dominant unsure segment.

Main takeaway from the visual

The chart shows Australia as a middle-ground case: not as optimistic as China, India, or the United States, but less pessimistic than many European markets.

Key standout values or extremes

Australia is split 20 percent pessimistic, 60 percent unsure, and 20 percent optimistic. China reaches 53 percent optimistic, while Japan is only 5 percent optimistic.

Controls / sequence, when applicable

This is a static horizontal stacked-bar chart; there are no in-chart controls to operate.

Companion media, when applicable

There is no separate companion audio or video; the country sentiment bar chart is the full visual on this page.


Australian attitudes represent middle ground on lingering economic effects of pandemic

COVID-19 | Economics | Asia-Pacific

August 21, 2020 – Our July COVID-19 Consumer Pulse surveys showed Australian consumers to be the most evenly distributed of any country in their attitudes about the economy. Sixty percent are unsure about an economic recovery, believing the pandemic’s economic effects will linger for six to 12 months or more, while 20 percent each are more optimistic or more pessimistic.

Australia is relatively less optimistic than the US and China, but more optimistic than most European countries.

To read the article, see “Australia’s next normal: The cautious consumer,” August 13, 2020.


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