CFOs in the USare bullish over economic prospects and their own companies’ financial prospects. This, despite continuing high oil prices, increases in health care costs and added costs incurred as companies continue to invest in business continuity plans to combat to possible terrorist attacks.
According to the September ?CFO Outlook Survey,? conducted by Financial Executives International and BaruchCollege’s Zicklin School of Business, oil prices are affecting earnings at about one out of five companies (19%). The manufacturing industry is the most affected, where 36% report a significant negative impact.
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