No surprise that 2012 being an election year is impacting the decisions corporations are making. But given that, with 600 corporate CFO survey partipants, more than half expect their revenue to grow in 2012. 46% of them are expecting to hire employees and 48% are expecting to keep the same level of employees.
Overall, the CFOs gave a score of the economy a 44 out of 100. Pretty pitiful and the lowest score from CFOs on the economy in the 14 years this survey has been conducted. There is still a lot of room for improvement. On the bright side, 1/3 of the corporations expected an increase in capital budgets; 41% will stay flat to 2011 and 60% of the respondants said their R&D levels are back to where they were prior to the recession. To read the full article, click here http://bit.ly/wA5Lxz.
Register for the CFO 2012 outlook webcast available on February 1st here www.bankofamerica.com/cfooutlook
Posted
Thu, Jan 19 2012 10:17 PM
by
Loretta Ruppert