By Kate O'Sullivan: Adrift in the sea of conflicting economic indicators, CFOs are sending mixed signals this quarter. While reporting a marked increase in optimism compared to last quarter, they still plan to lay off employees and cut spending, according to the latest CFO magazine/Duke University Global Business Outlook Survey.
Fifty-four percent of U.S. finance chiefs are more optimistic than they were last quarter, when optimism levels were near the historic low reached in the fourth quarter of 2008.
Read complete article CFOs Hoping for the Best, Planning for the Worst
Source: CFO, 3 June 2009. © CFO Publishing Corporation 2009. All rights reserved.