Bank of America: 2011 CFO Outlook
In its 2011 CFO Outlook survey, Bank of America finds that most surveyed chief financial officers expect the economy and their businesses to grow this year.
Forty-seven percent of CFOs expect their companies to hire additional staff in 2011. And 64 percent expect revenue growth for their companies this year. R&D and capital expenses are also anticipated to rise.
Executives at manufacturing companies are somewhat less optimistic than other business leaders outside the sector. Forty-seven percent of manufacturing CFOs expect their businesses to expand this year, compared to 58 percent in other sectors.
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