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Editorial Rating

7

Qualities

  • Analytical
  • Scientific
  • Overview

Recommendation

Chief financial officers (CFOs) stand at the crux of strategy and profits. As the second-most powerful – and arguably the best informed – executives at many organizations, their opinions provide rich insights into the mood of the economy. Financial Executives International and Baruch College publish a quarterly survey of CFOs that monitors trends in corporate finance. getAbstract recommends their August 2013 installment which, though statistics-heavy, offers a digestible breakdown of CFOs’ attitudes and current market sentiment.

Take-Aways

  • The economic mood among chief financial officers (CFOs) in the United States grew more positive in the second quarter of 2013.
  • Most companies expect to continue spending at normal or near-normal levels, and most investments will be in technology and machinery.
  • Though businesses have concerns about the costs they will incur from the Affordable Care Act, their fears will not inhibit them from hiring full-time employees.

About the Authors

The Financial Executives International provides independent research for the financial management profession. Baruch College is part of the City University of New York.


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    R. D. getAbstract 1 decade ago
    Dear Karen,

    Thank you for your comment. Please look for my response directly to the email address you have on file with your subscription.