CFOs are forecasting a 13% increase in capital spending over the next 12 months. Even though they expect long-term interest rates to rise, they are not worried about the effect on their business.
According to the first quarter “CFO Outlook Survey,” conducted by Financial Executives International and Baruch College’s Zicklin School of Business, CFOs rate their optimism on the economy at 71 out of a possible 100 and their optimism about the financial prospects for their company at 75.
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