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Overall CFO optimism fell in July...

Roy Harris | Aug. 11, 2011
...But in the U.S., the outlook for their own companies was quite strong, the FEI/Baruch survey shows.


Among U.S. finance chiefs, 27% believed a recovery had begun to occur, and 55% predicted that a recovery wouldn't take place until the second half of 2012 or beyond.


Nearly half (46%) of U.S. CFOs said raising the debt ceiling would have a negative impact on the economy, although 27% felt there would be no impact, and another 27% saw the result of raising the ceiling as positive.
The largest percentage of U.S. CFOs (43), asked to assign a grade to Fed Chairman Ben Bernanke for his actions (into July) responding to the U.S. financial situation, gave him a "B."

 

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