US CFOs plan spending boost: Survey

US CFOs plan spending boost: Survey, Confidence in the U.S. economy among chief financial officers has moved up sharply in the span of just a few weeks.

Twenty-five percent of U.S.-based CFOs believe the U.S. economy is strongly improving, up from only 5 percent of CFOs who felt that way in the fourth quarter, according to the latest CNBC Global CFO Council survey. Eighty percent of CFOs expect to see modest to significant increases in their earnings growth in the first quarter.

The sharp rise in economic confidence is a counterpoint to the headline uncertainty driven by cyberattacks, weakened consumer demand and terrorism. Overall, 90 percent of CFOs think the U.S. economy is improving, up from 72 percent in the previous quarterly survey. .....Read More