CFOs give mixed messages on the economy according to national survey.Majority (59%) believe economy will worsen wors·en tr. & intr.v. wors·ened, wors·en·ing, wors·ens To make or become worse. worsen Verb to make or become worse worsening adjn ; yet only 15% feel their company will worsen CHICAGO -- In a national survey of CFOs and senior comptrollers COMPTROLLERS. There are officers who bear this name, in the treasury depart @ment of the United States. 2. There are two comptrollers. It is the duty of the first to examine all accounts settled by the first and fifth auditors, and certify the balances arising conducted by Grant Thornton LLP  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , the U.S. member firm of Grant Thornton International Ltd., 59 percent believe that the U.S. economy will worsen over the next six months, while 39 percent believe it will improve or remain the same. This represents a significant change in outlook since the same survey was last taken only six months ago, when 36 percent felt the economy would worsen and 64 percent believed it would improve or remain the same. Despite an overwhelming consensus about the weakening weak·en tr. & intr.v. weak·ened, weak·en·ing, weak·ens To make or become weak or weaker. weak  en·er n. economy, only
15 percent of those surveyed believe that their own financial prospects
will worsen (up from 12 percent six months earlier), while 42 percent
expect financial improvements over the next six months (up from 41
percent). At the same time, 37 percent predict an increase in the
pricing of their goods, driven primarily by the increasing costs of
employee benefits.
[TABLE OMITTED] About the Survey Grant Thornton LLP conducted the national survey from March 10 through March 28, 2008 with 222 chief financial officers and senior comptrollers. About Grant Thornton LLP Grant Thornton LLP is the U.S. member firm of Grant Thornton International Ltd, one of the leading global accounting, tax and business advisory organizations. Through member firms in more than 80 countries, including 50 offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the partners and employees of Grant Thornton member firms provide personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. attention and the highest quality service to public and private clients around the globe. Visit Grant Thornton LLP at www.GrantThornton.com. |
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