Day: October 15, 2021

Labor Shortage and Supply Disruptions Weighed on CFOs in Q3

Optimism about the U.S. financial system is fading as considerations over labor availability and supply chain disruptions increase, in accordance to a survey of U.S. finance chiefs. 

The CFO Study, a collaboration of Duke University’s Fuqua School of Small business and the Federal Reserve Banking institutions of Richmond and Atlanta (formerly recognized as the Duke/CFO World wide Small business Outlook Study), discovered that CFO optimism for each the U.S. financial system and their own firms’ money prospective customers has moderated. 

The report discovered CFOs’ typical optimism for their own firms’ money prospective customers was 70.2 on a scale from to one hundred in the third quarter, down from 74.9 in the second quarter. When CFOs were being asked to rank their optimism about the over-all financial system, they rated it an typical of 59.9, down from the 69 reading through in the second quarter. 

The survey also discovered that

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