Grant Thornton survey shows 52% of CFOs optimistic about US economy

Key Highlights

• According to the survey, CFOs are tackling uncertainty by investing in digital tools and automation.
• They are also focusing on building more agile organisations to boost efficiency and capture growth opportunities.
• Grant Thornton Advisors Advisory Services’ Accounts and Growth national managing partner Paul Melville said: “CFOs have become accustomed to swings in the market, and they have developed enough resilience where they are not afraid to invest in growth at this time.” Finance leaders’ views on key business fundamentals have also steadied, with Q4 results broadly in line with the prior quarter.
• The survey noted that confidence in meeting supply chain needs stayed unchanged at 57%, while confidence in meeting labour needs was 53% in Q4, compared with 51% in Q3.
• From the previous quarter, confidence in cost control rose slightly to 53% from 50%, and confidence in growth increased to 49% from 46%.