CFO Survey: Economic Optimism Drops to 12-Month Low

CFO optimism about the U.S. economy and their own companies' financial prospects is the lowest it has been during the past 12 months.

According to the second quarter "CFO Outlook Survey," conducted by Financial Executives International and Baruch College's Zicklin School of Business, the CFO Optimism Index of the U.S. economy is down seven percent from a year ago. The Optimism Index of CFOs' own companies' prospects registers a smaller drop of three percent from a year ago. CFOs from 186 companies participated in this quarter's survey.

See full Article.