Executive search volume dropped 3% in Q2 from its Q1 numbers.

While we’ll be releasing full Q2 data in the coming days, this early read on the executive search market shows the first quarterly slow down since Q3 2023. It also counters two quarters of accelerating demand in the market.

Quarterly Executive Search Volume

Looking at monthly open search volume, Q2 started strong and petered off in May and June, with demand dropping 7% and 6% month-over-month respectively.

The declines map closely to Q2’s market slow-down on the Dow Jones and S&P 500 (without the Magnificent Seven).