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Proceeding with Caution
While the global outlook is mixed, U.S. CFOs are somewhat more optimistic.
February 1, 2012
Even as the global economy continues to be volatile, U.S. CFOs are slightly more optimistic than they were three months ago. The latest Duke University/CFO Magazine Global Business Outlook survey finds that the CFO optimism index has moved up to 53 (on a scale of 1-100) from 47 last quarter. However, that level is still below the survey's long-term average of 60. Finance chiefs plan to increase hiring this year but are still cautious, putting the chance of the United States entering a new recession in the next six months at 31%. Read more...
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