Factbox: Trust in business shows some recovery

(BestGrowthStock) – Trust in business rose modestly worldwide last year, led by sharp gains in the United States, Italy and Spain. Trust in business deteriorated, albeit from higher levels, in emerging markets Russia, Brazil and India, the Edelman Trust Barometer found.

The survey asked informed adults in 22 countries whether they trusted business. Below are highlights of their responses, gathered in late 2009, from 10 large economies, compared with prior-year results.

Country 2009 2008

Rising confidence:

Italy 59 pct 33 pct

United States 54 pct 36 pct

Spain 54 pct 40 pct

United Kingdom 49 pct 46 pct

Germany 40 pct 34 pct

France 36 pct 30 pct

Unchanged:

China 62 pct 62 pct

Falling confidence:

India 67 pct 71 pct

Brazil 62 pct 67 pct

Japan 57 pct 63 pct

Russia 42 pct 52 pct

Investing Basics

(Reporting by Scott Malone, editing by Gerald E. McCormick)

Factbox: Trust in business shows some recovery