Wednesday, April 20, 2011

National CFO Survey Results

Today Grant Thornton LLP released the results of a national survey of U.S. Chief Financial Officers (CFOs) and senior comptrollers. The study concluded there is growing optimism about the U.S. economy as 48% say it will improve over the next six months (up from 30% six months earlier).

While still tepid, 39% intend to increase head count (up from 28% six months earlier), and 54% are optimistic about their own company's outlook over the next six months (up from 46% six months earlier).

Regarding the disaster in Japan, 94% say it will at least be somewhat impact the U.S. economy. Meanwhile, the majority believe that Japan will not fully recover for at least 3-5 years.

Although probably expected, it is interesting how concerns seem to be growing over inflation. 50% of survey respondents say their company intends to raise prices for its goods over the next six months. That figure is up from 31% six months ago and 24% one year ago.


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