Inflation, labor shortages, and financial concerns are having an effect on economic optimism at the CFO level. According to a Grant Thornton LLP Q1/2022 CFO survey, optimism has fallen 30 percentage points, to just 49 percent.
Inflation topped the list of concerns, with 80 percent of CFOs citing rising costs as the top reason for their negative outlook. Supply-chain issues and the war in Ukraine were also bringing down the numbers.
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