CFO Optimism Soars as Election Uncertainty Recedes
Grant Thornton's CFO survey for the fourth quarter of 2024 reveals a significant surge in optimism among finance leaders, driven by the resolution of election-related uncertainties and recent Federal Reserve rate cuts. Finance leaders displayed unprecedented confidence in meeting growth projections, increased demand, cost control goals, and labor needs. Economic optimism, meanwhile, increased 22 percentage points from the previous quarter, reaching the highest level since Q3 of 2021. Meanwhile, the use of
Grant Thornton: CFOs navigate economic and political volatility
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
Welcome to Grant Thornton
