Economy

CFOs haven’t been this upbeat about global economy since 2018

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In the U.S., a consumer that represents 70% of the economy is seen as key to a continued recovery, and confidence surged in March to its highest level since the pandemic began.

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Covid cases and variants are rising, but in the race between the vaccines and virus, chief financial officers of major corporations are betting the pandemic will be the loser and the global economic recovery remain on track in 2021.

The CNBC Global CFO Council survey for Q1 2021 shows a level of economic confidence from chief financial officers across the globe that hasn’t been this high since 2018, and fears of the risk from Covid to their business outlook cut in half from just…



Source cnbc.com

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