“CFOs are looking past the pandemic and are reasonably optimistic about 2021,” said the survey’s academic director, John Graham, a Duke Fuqua finance professor. “However, they note several important risks and uncertainties, including a shift from concerns of low demand to issues such as labor quality, tax policy and increased automation.”
News Release
Data & Results – Q4 2020
Special Questions on Automation and Uncertainty
When survey participants were asked between November 30 and December 11 to rate the financial prospects of their firms on a scale from 0 to 100, the average optimism level was 71.0. When asked to rate their optimism about the overall U.S. economy, the average index was 61.6. Both indexes were slightly above third quarter levels and well above readings from the first quarter.
Receive an email notification when The CFO Survey updates are posted online.