CFO Optimism inching upward to a rating of 55 out of 100 per CFO Survey
In today’s newly released CFO Survey, optimism is inching up modestly to a rating of 55 out of 100. Historical average is 60 out of 100. This is despite increased feelings of unfavorable borrowing conditions for capital equipment financing and a rise in respondents who say they are delaying capital expense investment.
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For the press release from the Federal Reserve Bank of Richmond, Click Here.