Express

82% Of CFOs Say The Economy Is Going To Slow Down

Ramsey Baker

Summary: Chief financial officers (CFO) at big U.S. companies are coming into the new year with caution, as almost all of them are predicting an economic slowdown, according to a survey. The Deloitte CFO Signals Survey shows that while corporate leaders see the the economy as “good,” they believe that it is overvalued and conditions will ...

Chief financial officers (CFO) at big U.S. companies are coming into the new year with caution, as almost all of them are predicting an economic slowdown, according to a survey.

The Deloitte CFO Signals Survey shows that while corporate leaders see the the economy as “good,” they believe that it is overvalued and conditions will slow. 82% of CFOs see consumer spending slowing and are taking defensive precautions, such as reducing discretionary spending and headcount, as a way to fight off the impending headwinds.

By Ramsey Baker

Last Update:

Tags: ,,
Link: 82% Of CFOs Say The Economy Is Going To Slow Down   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 8 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 15 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 18 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 21 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 25 days ago
  • You need to login to comment.