US finance professionals optimistic about 2005, according to AFP survey

Improving consumer demand and employment data mean US corporate finance professionals are expecting moderate economic growth during 2005, according to a survey released by the Association for Financial Professionals (AFP).

Improving consumer demand and employment data mean US corporate finance professionals are expecting moderate economic growth during 2005, according to a survey released by the Association for Financial Professionals (AFP).

Eighty-four percent of treasury and financial professionals expect the US economy will grow at a moderate pace (between two and 4.9%) over the next year, while 15% of respondents expect the economy to grow more slowly (less than 2%) while less than 1% of financial professionals expect the economy to contract in 2005.

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