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CFO Sentiment Survey for the 3rd Quarter of 2023 conducted by Deloitte

ByEditor

Sep 12, 2023

A recent survey conducted by Deloitte’s CFO Signals reveals positive sentiment among CFOs regarding the North American economy. Fifty-seven percent of CFOs rated the current economy favorably, a significant increase from the previous quarter. Optimism for their own companies’ financial prospects also saw a rise, with CFOs expecting growth in revenue, earnings, and domestic hiring. However, more than half of CFOs believe that U.S. equities are overvalued, indicating concerns about the market. Additionally, talent availability and retention remain top concerns for CFOs internally, while geopolitics and policies stand out as external risks. The survey also explored the adoption of generative artificial intelligence (GenAI), with 42% of CFOs reporting experimentation with the technology. However, talent resources and capabilities are seen as the greatest obstacles to adopting and deploying GenAI. The survey highlights the thinking and actions of leading CFOs and provides insights into the business environment and priorities.

By Editor

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