Chief financial officers (CFOs) throughout the United States are concerned by several risks on the horizon—including an overvalued stock market, interest rates that are expected to jump, and a shift toward temporary and part-time workers driven by the Affordable Care Act, and overall economic uncertainty.
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In spite of all this, profits are expected to jump by more than 10 percent, full-time employment is anticipated to increase by 2 percent, and capital spending could rise by nearly 5 percent.
These are some of the findings from the latest Duke/CFO Business Outlook Survey that polled 1,212 CFOs worldwide and concluded Sept. 6, 2013. The survey has been conducted for 70 consecutive quarters and spans the globe, making it the world’s longest running and most comprehensive research on senior finance executives. The presented results are for U.S. firms unless otherwise noted.
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