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Press release from Business Wire

D&B Report Indicates Uncertain Global Economic Outlook

<p class='bwalignc'> <i>First of New Ongoing Series Signals Uneven Business Growth, Euro Zone Crisis, Fiscal Policy Issues and Potential Slower Global Recovery</i> </p> <p class='bwalignc'> </p>

Thursday, July 12, 2012

D&B Report Indicates Uncertain Global Economic Outlook16:15 EDT Thursday, July 12, 2012 SHORT HILLS, N.J. (Business Wire) -- D&B (NYSE: DNB), the world's leading source of commercial information and insight on businesses, today announced the results of its first mid-year global outlook, a comprehensive study based on an analysis of its proprietary business data. D&B's mid-year review indicates a challenging second half to the year, but an overall climate of improving U.S. and global business health. The global outlook report is part of D&B's quarterly index series, which examines the impact of macroeconomic trends on global business. “As we look over the first half of the year, a double-dip recession remains concerning, but D&B's data indicates that we will not have a repeat of 2008,” said Paul Ballew, chief economist, D&B. “That is not to say that there aren't challenges and risks ahead, but the past five years have seen a period of restructuring for many sectors. In general, companies are leaner and more flexible, which will help to bolster the economic recovery we anticipate later in the decade.” D&B Midyear Report HighlightsU.S. and global economic growth projected to remain subdued and uneven. Growth in the U.S. is expected to be just over two percent, while growth in China is predicted to be slightly more than seven percent due to China's aggressive economic stimulus program. The Euro Zone will continue to stumble. The outlook for Europe remains troubling with the probability of a partial dissolution of the Euro. Although the efforts of the European Central Bank, International Monetary Fund and European Financial Stability Facility make dissolution in 2012 seem unlikely, the fundamental flaws in the design of the Euro indicate that dissolution is probable in the future. Economic imbalances weigh down growth. In developed markets, long- and short-term fiscal policy issues remain challenges that can potentially derail the recovery while also inhibiting growth over the next ten years. In developing markets, the near term issue of excesses in key sectors (property in China for instance) complicates any efforts to implement a stimulus package. U.S. Business Health Improves While the economic recovery remains sluggish, other indicators show that U.S. and global business health continues to improve overall. Strong evidence supports that non-financial institutions are in a better position to weather an economic storm than they were in 2008. And, small businesses continue to show improved performance, while key sectors like manufacturing are at pre-recession lows for bankruptcies and delinquencies. D&B distributes monthly reports and indexes that provide perspective about the impact of macroeconomic trends on global business. Currently, D&B leverages its quality, global business data to provide insights on small business, country risk, and industry. To view the mid-year economic report, please visit http://www.dnb.com/whitepapers/16799725-1.html. About Dun & Bradstreet® (D&B) Dun & Bradstreet (NYSE:DNB) is the world's leading source of commercial information and insight on businesses, enabling companies to Decide with Confidence® for 171 years. D&B's global commercial database contains more than 205 million business records. The database is enhanced by D&B's proprietary DUNSRight® Quality Process, which provides our customers with quality business information. This quality information is the foundation of our global solutions that customers rely on to make critical business decisions. D&B provides solution sets that meet a diverse set of customer needs globally. Customers use D&B Risk Management Solutions™ to mitigate credit and supplier risk, increase cash flow and drive increased profitability; D&B Sales & Marketing Solutions™ to increase revenue from new and existing customers; and D&B Internet Solutions™ to convert prospects into clients faster by enabling business professionals to research companies, executives and industries, over the web. For more information, please visit www.dnb.com. The Information provided in this Mid-Year Economic Update is not investment advice, constitutes general information only, must not be relied upon for investment purposes and represents the opinion of the author only as of the date hereof. Media:Dun & BradstreetPatricia Colpitts, 512-578-8016colpittsp@dnb.comorInvestor Relations:Dun & BradstreetRoger Sachs, CFA, 973-921-5914sachsr@DNB.com