CFOs Optimistic About 2003; Expect Capital Spending Rebound
Chief financial officers of U.S. companies are much more optimistic about the U.S. economy than they were last quarter, according to the December "CFO Outlook Survey," conducted by Financial Executives International (FEI) and Duke University's Fuqua School of Business.
In the December survey, 56% of CFOs are more optimistic about the economy, 29% are as optimistic as they were last quarter, and only 15% are less optimistic. In the September survey by comparison, less than one-third (31%) were more optimistic, and 37% were less optimistic.