“In spite of uncertainty in the economy, firms still expect a soft landing,” said Sonya Ravindranath Waddell, vice president and economist with the Federal Reserve Bank of Richmond. “Financial executives expect to see growth in their employment and revenues through the year as firms continue to invest in the infrastructure that they need not just to continue operations, but to increase capacity and offer new products. In addition, expectations for price growth continue to come down into more normal territory.” View the full results >
How Does Election Uncertainty Impact Firms?
The most recent CFO Survey explores the extent to which firms noted that election-related uncertainty has impacted their investment plans. We find that 30 percent of respondents reported having “postponed,” “scaled down,” “delayed indefinitely,” or “permanently cancelled” their investment plans because of this uncertainty.
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