New survey from Grant Thornton LLP, reveals that many chief financial officers (CFOs) are preparing for a challenging 2022.
Grant Thornton's 2021 Q4 CFO Survey revealed a sharp decline in optimism. When asked about the U.S. economy, just 57% of CFOs have a positive outlook for the next six months — a significant drop from 69% in Q3. What's more, net pessimism almost doubled, from 11% in Q3 to 21% this quarter. The firm's latest survey also found 51% of CFOs expect a negative impact from the new COVID-19 variant.
CFO optimism was down sharply in Q4 due to concerns about inflation, supply chain, labor issues:
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