The CFO Survey Fourth Quarter 2025 – Notable Excerpts

On December 17, 2025 The CFO Survey was released.  It contains a variety of statistics regarding how CFOs view business and economic conditions. In the CFO Survey press release, I found the following to be the most notable excerpts – although I don’t necessarily agree with them: The top concern among U.S. CFOs remains tariffs, though their …

Read more

CEO Confidence Surveys 4Q 2025 – Notable Excerpts

On December 11, 2025, the Business Roundtable released its CEO Economic Outlook Survey for the 4th Quarter of 2025.   Notable excerpts from this release, titled “Business Roundtable CEO Index Improves But Remains Below Historic Average“: The overall Index posted a four-point increase from last quarter to 80, below its historic average of 83. The slight …

Read more

NFIB Small Business Optimism – November 2025

The November 2025 NFIB Small Business Optimism report was released today, December 9, 2025. The Index of Small Business Optimism increased by .8 points to 99.0. Here is an excerpt that I find particularly notable (but don’t necessarily agree with): The NFIB Small Business Optimism Index rose 0.8 points in November to 99.0 and remained above its …

Read more

The CFO Survey Third Quarter 2025 – Notable Excerpts

On September 24, 2025 The CFO Survey was released.  It contains a variety of statistics regarding how CFOs view business and economic conditions. In the CFO Survey press release, I found the following to be the most notable excerpts – although I don’t necessarily agree with them: The outlook for the U.S. economy among financial decision-makers improved …

Read more

CEO Confidence Surveys 3Q 2025 – Notable Excerpts

On September 18, 2025, the Business Roundtable released its CEO Economic Outlook Survey for the 3rd Quarter of 2025.   Notable excerpts from this release, titled “Business Roundtable CEO Economic Outlook Index Posts Slight Gain, Still Lagging Historically“: The overall Index edged up slightly by seven points from last quarter to 76, still below its historic …

Read more

NFIB Small Business Optimism – August 2025

The August 2025 NFIB Small Business Optimism report was released today, September 9, 2025. The Index of Small Business Optimism increased by .5 points to 100.8. Here is an excerpt that I find particularly notable (but don’t necessarily agree with): The NFIB Small Business Optimism Index rose 0.5 points in August to 100.8, nearly 3 points above …

Read more

Corporate Profits As A Percentage Of GDP

In the last post (“2nd Quarter 2025 Corporate Profits“) I displayed, for reference purposes, a long-term chart depicting Corporate Profits After Tax. There are many ways to view this measure, both on an absolute as well as relative basis. One relative measure is viewing Corporate Profits as a Percentage of GDP.  I feel that this …

Read more

2nd Quarter 2025 Corporate Profits

Today’s (August 28, 2025) GDP release (Q2 2025, Second Estimate) was accompanied by the Bureau of Economic Analysis (BEA) Corporate Profits report (Preliminary Estimate) for the 2nd Quarter. Of course, there are many ways to adjust and depict overall Corporate Profits.  For reference purposes, here is a chart from the St. Louis Federal Reserve (FRED) …

Read more

The CFO Survey Second Quarter 2025 – Notable Excerpts

On June 25, 2025 The CFO Survey was released.  It contains a variety of statistics regarding how CFOs view business and economic conditions. In the CFO Survey press release, I found the following to be the most notable excerpts – although I don’t necessarily agree with them: In the survey, which closed on June 6, CFOs revised …

Read more

CEO Confidence Surveys 2Q 2025 – Notable Excerpts

On June 18, 2025, the Business Roundtable released its CEO Economic Outlook Survey for the 2nd Quarter of 2025.   Notable excerpts from this release, titled “Business Roundtable Economic Outlook Index Declines Further in Q2“: Business Roundtable today released its Q2 2025 CEO Economic Outlook Survey, a composite index of CEO plans for capital spending and …

Read more