Optimism In Global Economy Drops Among U.S./Europe CFOs: FEI-Baruch Survey
August 11, 2011
Chief financial officers' overall confidence in the global economy declined at the start of the second half of the year, according to the most recent survey of CFOs conducted by Financial Executives International (FEI) and Baruch College's Zicklin School of Business.
FEI-Baruch's quarterly "CFO Outlook Survey" polls CFOs of public and private businesses in the U.S. and Europe (Italy and France) on their economic and business confidence and expectations.
Additional highlights from the survey results include:
- Federal Reserve Board Chairman Ben Bernanke received a grade of "B" from most U.S. CFOs.
- CFO optimism declined among U.S. CFOs and their counterparts in France and Italy.
- More than half the U.S. CFOs plan to hire in the next six months; less than half the CFOs from France and Italy plan to hire in that timeframe.
Read additional highlights in the FEI-Baruch College joint press release; the complete FEI-Baruch CFO Outlook Survey results are available from the Financial Executives Research Foundation (FERF) online bookstore.