A new survey shows CFOs are increasingly uneasy about the U.S. economy and their own companies. Optimism sank to all-time lows in the third quarter, according to a survey conducted by Financial Executives International and Baruch College’s Zicklin School of Business.
According to the survey, the CFO Optimism Index for the U.S. economy continued its plummet past last quarter’s all-time low to 41.73. The 7.19 plunge was the largest quarterly decline in the history of the survey. The Optimism Index for CFOs’ own companies fell to 61.74, a 5.32 point drop from last quarter’s all-time low.