The CFO Survey Third Quarter 2023 – Notable Excerpts

On September 27, 2023 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: As seen in the survey, growth expectations for Real GDP …

Read more

CEO Confidence Surveys 3Q 2023 – Notable Excerpts

On September 12, 2023, the Business Roundtable released its most recent CEO Economic Outlook Survey for the 3rd Quarter of 2023.   Notable excerpts from this September 12, 2023 release, titled “Business Roundtable CEO Economic Outlook Index Continues to Dip Modestly…“: The overall Index dipped a modest four points from last quarter to 72, remaining …

Read more

NFIB Small Business Optimism – August 2023

The August NFIB Small Business Optimism report was released today, September 12, 2023. The headline of the Economic Trends report is “Prices Rising Slightly on Main Street as Inflation Remains a Top Business Problem.” The Index of Small Business Optimism decreased by .6 points to 91.3. Here is an excerpt that I find particularly notable …

Read more

Corporate Profits As A Percentage Of GDP

In the last post (“2nd Quarter 2023 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 2023 Corporate Profits

Today’s (August 30, 2023) GDP release (Q2 2023, 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 2023 – Notable Excerpts

On June 28, 2023 The CFO Survey (formerly called the “Duke/CFO Global Business Outlook”) 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: Growth expectations for …

Read more

NFIB Small Business Optimism – May 2023

The May NFIB Small Business Optimism report was released today, June 13, 2022. The headline of the Economic Trends report is “Small Business Owners Express Great Concern for Future Business Conditions.” The Index of Small Business Optimism increased by .4 points to 89.4. Here is an excerpt that I find particularly notable (but don’t necessarily …

Read more

CEO Confidence Surveys 2Q 2023 – Notable Excerpts

On June 7, 2023, the Business Roundtable released its most recent CEO Economic Outlook Survey for the 2nd Quarter of 2023.   Notable excerpts from this June 7, 2023 release, titled “Business Roundtable CEO Economic Outlook Index Dips Slightly…“: The overall Index dipped a modest three points from last quarter to 76, remaining below its …

Read more

Corporate Profits As A Percentage Of GDP

In the last post (“1st Quarter 2023 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

1st Quarter 2023 Corporate Profits

Today’s (May 25, 2023) GDP release (Q1 2023, Second Estimate) was accompanied by the Bureau of Economic Analysis (BEA) Corporate Profits report (Preliminary Estimate) for the 1st 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