The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

CFOs confident over corporate growth

The US economy is undergoing a robust recovery and US corporate earnings and revenues are set to increase. Is this overly optimistic? This is the view of CFOs in the US who are more confident about their prospects than at any point in the last year.

Three-quarters of CFOs are more optimistic about the economy for this quarter than for the last quarter, reflected by stronger expectations over GDP growth, with average predictions of 2.9% over the next year.

Eighty-five per cent of CFOs expect corporate earnings to increase with an average expected growth of 16.9% over the next year; 87% of corporates also believe their revenues will grow.

"CFOs are out in front of what is happening in the company and play a key role in investment decisions - capital spending and people," says Colleen Sayther, president and CEO of Financial Executives International (FEI). "Hopefully, this cautious optimism is a catalyst for new investment."

Capital spending, according to the survey, is set to increase by 9% this year - for the same quarter last year this figure stood at only 1.5%. Technology outlay will also increase by 4.9% over the next year, compared to the 2.2%

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree