“The actions that these companies are taking to manage supply chain disruptions are costly and hence increase the pressure on companies to increase prices,” said John Graham, a Duke Fuqua finance professor. “What is more, these supply chain challenges are shaving 5 percent off their revenue growth, on average.”
News Release | Data & Results – Q3 2021
Special Questions on Supply Chains and Labor Availability
When survey participants were asked between September 20 and October 1 to rate the financial prospects of their firms on a scale from 0 to 100, the average optimism level was 70.2, down from 74.9 in the second quarter. When asked to rate their optimism about the overall U.S. economy, the average index was 59.9, down from a previous reading of 69.0. Both measures fell for the first time since a significant drop in optimism at the onset of the COVID-19 pandemic.
Receive an email notification when The CFO Survey updates are posted online.