CFOs, especially in the U.S., remain uncertain about the future of the economy and their own businesses, according to a new survey.
The survey, by Financial Executives International and Baruch College’s Zicklin School of Business, found that U.S. CFOs have grown increasingly doubtful that the U.S. will experience a recovery in the next year. When asked about the timeframe that a U.S. economic recovery would take place, 53 percent believed a recovery would be delayed until at least 2014, an increase from the previous quarter, when only 38 percent predicted a recovery would remain that far out.
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