CFOs don't lack for worries as the credit markets continue to create uncertainty.
The many interlocking parts of the current economic downturn add up to one overriding concern for CFOs: weakening consumer demand. For the second consecutive quarter, consumer demand topped the list of CFO worries in the quarterly Duke University/CFO magazine Global Business Outlook Survey. The related issues of credit markets, housing-market fallout, the cost of fuel, and the cost of other commodities also ranked in the top 10.
Fears about credit rippled throughout the supply chain, with CFOs anxious about their customers' creditworthiness and the financial health of their suppliers. Finance executives are concerned about their own companies' access to capital as well.
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"In health care, we are generally better off than some other sectors, but it's still not the best of times," says David Dreyer, CFO of AMN Healthcare Services, a medical staffing firm based in San Diego.
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