Monday, May 3, 2010

CFOs' Confidence Up - Modestly - 1Q2010 FEI -Baruch Survey Shows

CFOs' confidence is up - modestly - says the 1Q 2010 FEI - Baruch College survey. As noted in the FEI-Baruch press release:

"It is clear from the results of our first quarter survey that CFOs are feeling more confident about the economy and the impact of their business, but they are treading lightly, and we are seeing more modest increases in the Optimism Index than we saw in the third and fourth quarters of 2009," said John Elliott, Dean of the Zicklin School of Business at Baruch College. "Despite some challenges, CFOs are showing that their companies are indeed on the road to recovery, and the substantial increases they are expecting with regard to earnings and revenue make it clear that companies have made good progress over the last year."

Read more details from the survey results in the FEI-Baruch press release.

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