Global trust in business is growing as recession looms: Edelman survey

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Just 40% of respondents say their lives will be 'better off' in the next 5 years, a new global survey finds, with trust in business growing and trust in government falling

New research from communications giant Edelman shines a light on growing pessimism, factionalism, and polarization worldwide.Pessimism and factional tensions are surging ahead of a possible recession this year.

The United States and 23 other countries are at an all-time low in this category, said Edelman, which has published its annual Trust Barometer for more than two decades. channeled vitriol toward corporate leaders and Wall Street was pilloried for its role in producing economic carnage.The rise of"polarization" is setting a fraught mood at a time when political schisms are running deep and people are more likely to feel alienated from those who hold divergent beliefs.

Meanwhile, Brazil, South Korea, Mexico, France, the United Kingdom, Japan, Italy, Germany, and the Netherlands are"in danger of severe polarization," the survey found.

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