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Economic Optimism Highest in Years, BofA CFO Outlook

February 05, 2015, 07:01 AM
Filed Under: Economic Commentary

Economic optimism, corporate hiring, profit margin projections and reinvestment plans are the highest in years, according to the 2015 CFO Outlook report from Bank of America Merrill Lynch.

A majority of CFOs who responded to the annual survey say the economy will expand in 2015, and most U.S. economic concerns are abating significantly as companies prepare for what could be a breakaway year.

Other CFO expectations for 2015 include:

  • 63% foresee sales growth
  • 52% plan to hire new full-time employees
  • 46% anticipate increasing capital expenditures
  • 41% predict rising profit margins

To visit the CFO Outlook website for the full report and video highlights, click here.

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