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82% Of CFOs Say The Economy Is Going To Slow Down
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
Tags: CFO,Economy,United States
Link: 82% Of CFOs Say The Economy Is Going To Slow Down [Copy]