Deloitte Study: M&A Market Set for 2014 Growth; David Williams, Ira Kalish Comment

deloitteA new Deloitte survey has found that business executives still consider the U.S. as the world’s top mergers and acquisition market next to China and Western Europe, with 73 percent optimistic of the economy’s growth through June 2014.

Respondents cited low inflation as a major U.S. economic driver, Deloitte said Monday.

“Growth in consumer income, the job market and improvements in consumer cash flow are large contributors to the rise in consumer spending, which is likely to contribute significantly to the progress of the economy,” said Ira Kalish, chief global economist at Deloitte Touche Tohmatsu Ltd.

The online poll also found that respondents expect market growth despite an increase in federal inquiries and other regulatory enforcement.

David Williams, CEO for Deloitte Financial Advisory Services LLP, said businesses have come to learn what to expect from the regulatory landscape, giving them the power to develop plans and forge strategic partnerships to help manage the assessment.

“It appears that regulatory inquiries have become part of the business environment and organizations are more resilient in responding to them… and (minimizing their) impact on their organization,” he said.

The survey comprised 2,000 professionals from various sectors, including financial services, technology, media, telecommunications, health care and energy.