The drop in confidence in key fundamentals displayed in Grant Thornton's CFO survey for the third quarter of 2024 reflected the political and economic turbulence of the time. The survey began soon after Joe Biden exited the presidential race, and a significant stock market mini-slump occurred while the survey was in the field.
In this environment, finance leaders' confidence in factors such as their ability to meet increased demand and cost control goals sank. But CFOs remained confident in their ability to generate profits at their organizations.
Read more about how CFOs are steering their organizations through volatility and how they view the upcoming U.S. elections.