Growing Confidence In Global Recovery Among CFOs

CFOs are more confident that the global economy is improving than they were a year ago according to a quarterly CNBC Global CFO council poll, with 63% saying that the economy is improving, 8% that it is in decline, and 29% that it’s currently stable. CFOs were most optimistic about the Asia-Pacific, with 88% saying the economy there is improving and the rest calling it stable, and least optimistic on the Americas where 47% said the economy is improving and 18% that it’s deteriorating.

“A year ago, there was greater uncertainty over monetary policy and the US fiscal cliff, quantitative easing was coming to an end and growth was starting to weaken in emerging markets,” says Tom McGrath of...