2022
Results from the fourth quarter 2022 CFO Survey indicate that although monetary policy has grown as a key concern for respondents, most note that current interest rate levels have not affected their capital or non-capital spending plans. We also find evidence that if employers were looking to raise wages to account for inflation in 2022, the catch-up was only partial.
In the third quarter 2022 CFO Survey, more firms reported elevated cost increases and the ability to pass a larger chunk of those cost increases on via price increases.
In this podcast, Richmond Fed economist Sonya Waddell shares insights from the second quarter CFO Survey.
The second quarter results from The CFO Survey reveal growing concerns about the outlook for the U.S. economy. Firms continue to struggle amid the high inflation environment and against a backdrop of further removal of monetary accommodation.
The first quarter CFO Survey revealed firms' dampened optimism about the U.S. economy and lower projections for real GDP growth and equity market performance. At the same time, firms are hampered by hiring difficulties that are restraining revenue growth.
Brent Meyer, John Graham, Emil Mihaylov, and Sonya Ravindranath Waddell
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