Deloitte Touche Tohmatsu has seen its global revenues of member firms fall by 4.9% to $26.1bn, a result of the global economic downturn. This represents local currency growth of 1 percent but a U.S. dollar revenue decrease of 4.9 percent.

Tellingly, Europe and the Americas reported the least growth, at 0.9% and -1.3% in local currency respectively, while Africa, the Middle East and Asia reported 21.3 %, 15.6% and 7.6% growth respectively.

Jim Quigley, CEO said in a press release:

“Achieving positive growth in this exceptionally difficult economic environment was the result of close attention to the needs of clients and a strong commitment to professional excellence by our member firm professionals. Despite the tough economy, we remain focused on our vision to be the standard of excellence and will continue to invest in pursuit of this vision,”

Yawn.

Big 4 global revenue results: PwC E&Y