On March 12, 2014 the March Duke/CFO Magazine Global Business Outlook Survey (pdf) was released. It contains a variety of statistics regarding how CFOs view business and economic conditions.
In this CFO Survey, I found the following to be the most notable excerpts:
Increasing the minimum wage nationwide to $10 per hour would lead to substantial job losses among retail, service and manufacturing firms, according to U.S. chief financial officers.
“We know from past surveys that many firms can fund expansion based on internal profits,” said David W. Owens, director of research at CFO Publishing. “Among companies that need to borrow, most say that a modest increase in interest rates would not deter them from borrowing to fund investment. In fact, respondents this quarter indicate that interest rates would have to rise by 3 percentage points before their plans would be significantly crimped.”
The CFO survey contains the Optimism Index chart, showing U.S. Optimism (with regard to the economy) at 60, as seen below:
(click on image to enlarge)
Please Note – The above is abstracted from the EconomicGreenfield.com (published by StratX, LLC) post of March 12, 2014, titled “March 2014 Duke/CFO Magazine Global Business Outlook Survey – Notable Excerpts”
StratX, LLC offers the above commentary for informational purposes only, and does not necessarily agree with the views expressed by these outside parties.
StratX, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.