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CFO Signals: Q3 2019 – Trade and economic fears drive sentiment to multi-year lows

Published on: Sep 30, 2019

Going into 2019, citing growing worries about the economic impacts of geopolitics, US political turmoil, and US trade policy, just 28 percent of CFOs said they expected the North American economy to improve—half the level going into 2018. This quarter, however, CFOs’ sources of concern and uncertainty intensified. Major economies showed more signs of slowing. The US tariff threats toward China escalated, a no-deal Brexit became more likely, and questions about trade within North America and between the US and Europe remained unresolved.

This publication was released by our US firm.

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