CFOs on both sides of the Atlantic are taking a gloomier view ofthe outlook for the global economy and their own companies,according to the latest quarterly survey from Financial ExecutivesInternational and the Zicklin School of Business at BaruchCollege.
When asked to rank their level of optimism about the globaleconomy on a scale from 0 to 100, the median response from U.S.CFOs was 44.1 in the second quarter, down from 51.9 in the firstquarter. European CFOs' optimism dropped even more, to 43.2 from54. CFOs' views on the global economy were the lowest since thesurvey began asking this question in 2010.
U.S. CFOs had a rosier view of the financial prospect of theirown companies, with the median ranking at 67.8, down from 70.8 inthe first quarter. European CFOs had a median reading of 54.5 ontheir company outlook, vs. 58.3.
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