CFOs Optimistic About 2003; Expect Capital Spending Rebound, Increase in Hiring
Chief Financial Officers of U.S. companies are much more optimistic about the U.S. economy than they were last quarter, according to a survey conducted by Financial Executives International and Duke University's Fuqua School of Business.
Chief Financial Officers of U.S. companies are much more optimistic about the U.S. economy than they were last quarter, according to the December "CFO Outlook Survey," conducted by Financial Executives International (FEI) and Duke University's Fuqua School of Business. Survey participants are also more upbeat about their own companies' prospects. This optimistic outlook will lead to increased hiring and capital spending, and earnings are expected to rise.