On June 11, 2014 the June 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:
Survey results show nearly 60 percent of U.S. financial executives think the business
environment has been harmed by a lack of public trust of business and governmental
leaders. An even larger percentage of CFOs in Africa (64 percent), Europe (68 percent), Asia
(71 percent) and Latin America (79 percent) believe public mistrust is creating a drag on
About one-third of European CFOs believe that deflation is already or soon will occur in the
Eurozone and two-thirds of these firms believe that deflation will continue for two or more
years. Most see the effects of deflation as damaging to the economy.
“These findings are particularly surprising because last week’s actions by the European
Central Bank (ECB) had been widely anticipated at the time of our survey. These European
CFOs are effectively saying that the ECB’s actions will not be sufficient to stave off
deflation.” Harvey said.
The CFO survey contains the Optimism Index chart, showing U.S. Optimism (with regard to the economy) at 61, as seen below:
Please Note – The above is abstracted from the EconomicGreenfield.com (published by StratX, LLC) post of June 11, 2014, titled “June 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.