Mixed messages have been a fixture in our survey findings for the better part of a year. While CFOs have been mostly optimistic about the trajectory of the global economy and their own companies’ prospects, their expectations for sales, earnings, investment, and hiring have been on a mostly downward trend.
Last quarter, substantial improvements in CFOs’ year-over-year growth expectations seemed to suggest a possible reversal in momentum. But tepid growth expectations among U.S. CFOs, rising pessimism among Manufacturing CFOs, and declining perceptions of global economic health provided dampening counterpoints.
This quarter’s findings appear to build foremost on last quarter’s positive momentum. And they seem to make the strongest case yet for the sustained economic acceleration that has previously been so elusive.
What else are CFOs saying?
Visit: http://www.deloitte.com/view/en_US/us/Services/additional-services/chief-financial-officer/cfo-signals/31cb971d84ca8410VgnVCM3000003456f70aRCRD.htm for the full report.