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The CFO Survey Shows Expectation of Slow Recovery
Oct. 7, 2020
Corporate financial decision-makers generally expect employment and revenues to remain below pre-COVID levels until at least 2021, although they remain optimistic about the future financial prospects for the U.S. economy and their own firms.
Optimism Remains Steady in Third Quarter
October 7, 2020
When survey participants were asked between September 14 and September 25 to rate the financial prospects of their firms on a scale from 0 to 100, the average optimism level was 70.4. When asked to rate their optimism about the overall U.S. economy, the average index was 61.0. Both indexes were in line with second quarter readings and well above readings from the first quarter.
Note: The dashed vertical line denotes a moderate change in the question wording and presentation. Please see The CFO Survey Methodology for further information.
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