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CFOs’ Optimism Slides in Q2

U.S. CFOs median reading on global economy slips to 44.1, from 51.9 in Q1.

By Shaunacy Ferro | Updated on August 24, 2012

CFOs on both sides of the Atlantic are taking a gloomier view of the outlook for the global economy and their own companies, according to the latest quarterly survey from Financial Executives International and the Zicklin School of Business at Baruch College.

When asked to rank their level of optimism about the global economy on a scale from 0 to 100, the median response from U.S. CFOs was 44.1 in the second quarter, down from 51.9 in the first quarter. European CFOs’ optimism dropped even more, to 43.2 from 54. CFOs’ views on the global economy were the lowest since the survey began asking this question in 2010.

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