The Future in Balance
Never before has so much weighed on the minds of corporate finance chiefs, from the changing government landscape to uncertain global market conditions. However, despite wider concerns, CFOs remain confident on several key fronts. Here, they weigh in on the economy, priorities and prospects for growth.
CFOs currently have the same positive view of both the U.S. economy and sectors as they did earlier this year, in contrast to 2011 when spring optimism declined as economic recovery slowed. In this latest report, U.S. CFOs rated the domestic economy 53 out of 100, a nine-point improvement over the start of 2012. Similarly, the U.S. manufacturing (56) and services (62) sectors also continue to receive high marks. Global uncertainty continues to dampen CFO views of the world economy (45), which fell two points from the spring rating. Read the Bank of America Merrill Lynch CFO Outlook 2012 Fall Update for all the key findings.
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