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Duke CFO Survey Shows Pessimism

The latest Duke University CFO Magazine survey shows rising pessimism among companies in the US and abroad.

Chief Financial Officers say they expect to increase hiring by only one-point-five-percent in the next year.  That’s a decrease from the last two quarterly global business outlook surveys.  As in other recent surveys, companies are cautious about hiring and spending because of weak demand for their products and because of the upcoming presidential election.  The CFO survey also says a drop in the interest rate won’t change their minds.  The latest Manpower Employment Outlook Survey shows a positive hiring trend across the country and in North Carolina for the fourth quarter. But Manpower only reports on an employers’ general hiring intentions not on the number of jobs they plan to add.

Leoneda Inge is the co-host of WUNC's "Due South." Leoneda has been a radio journalist for more than 30 years, spending most of her career at WUNC as the Race and Southern Culture reporter. Leoneda’s work includes stories of race, slavery, memory and monuments. She has won "Gracie" awards, an Alfred I. duPont Award and several awards from the Radio, Television, Digital News Association (RTDNA). In 2017, Leoneda was named "Journalist of Distinction" by the National Association of Black Journalists.
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