Finally, some good news: Highlights from 2012 CFO Outlook Spring update!
CFOs warm on growth. Senior financial executives have a considerably warmer view on corporate performance and theU.S. economy than they did just a few months ago—with 93% of CFOs now forecasting growth in 2012.
Rising revenue, employment and prices. 64% of CFOs expect their revenues to rise, half project greater profits and 51% anticipate more hiring in 2012. 57% of companies will be raising prices on their products and services.
Oil prices and government fuel concern. In terms of economic impact, CFOs are most concerned about oil prices (65%) and the effectiveness of government leaders (63%). Energy costs (51%) and healthcare costs (51%) are the leading corporate financial concerns.
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Is sustainable growth ahead? Whether renewed CFO optimism signals a temporary spring thaw or a blossoming upward trend depends on several factors, from rising oil prices and looming legislative rulings to the fall elections.
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About the CFO Outlook Webcast series Driven by the insights and opinions of financial executives, the CFO Outlook series offers a regular gauge of the health of theU.S. and world economies, and discussion of topics that drive successful business operations. |
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