India Execs Tops U.S. As World’s Most Optimistic CFOs
Where are corporate financial executives most optimistic? Hint, it’s not Russia. It’s not France. The eighth annual American Express/CFO Research And Global Spending Monitor shows CFOs are most optimistic in India, followed by the U.S. and, believe it or not, European problem child Spain.
More than two-thirds of financial executives in Asia and Australia predict expansion in their local economies this year. But Indian CFOs are far and away the most optimistic, with 94% expecting great things from the economic policies of new Prime Minister Narendra Modi. That’s up from 86% in 2014 and 78% in 2013. On the flip side, China’s confidence dropped significantly since 2013 to 78% from 94%. Read the full story.by