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  • Colin Doyle CFO

U.S. Business Executives Gloomy About Global Economy



A recent AICPA survey has found that an increasing number of business executives are concerned about the global economy, with only 34 percent of CFOs and senior-level CPAs expressing optimism about the current prospects for the global economy, down from 71 percent a year ago. Respondents cited continuing trade tensions, a cooling economy in China, and Brexit fallout in the U.K. and European Union as the factors contributing to a sense of pessimism. In fact, 43 percent of respondents cited a global economic slowdown as their biggest concern, with respondents indicating decreased optimism about their own company’s prospects for the coming year.


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