2014 AFP Business Outlook Survey
More than half of CFOs, treasurers and other financial professionals expect business
conditions will improve during 2014, the greatest percentage suggesting so
since before the recession of 2008-2009. But treasury and finance professionals
anticipate a moderate pace of economic growth and job creation for the year.
Specifically, financial professionals anticipate the U.S. economy will grow at a
2.1 percent rate (in terms of real GDP growth) and will add 1.95 million jobs
to non-farm payrolls during 2014. These conclusions are based on results of the
2014 AFP Business Outlook Survey, the
10th survey in AFP’s series that tracks the business conditions
insights of treasury and finance professionals.
Words Used by Financial Professionals to Describe the 2014 Business
(Top 25 Sized by Frequency Cited)
in five financial professionals report that their organizations will expand
payrolls both inside and outside of the U.S. during 2014. Forty-three percent of financial
professionals expect their organizations to increase the number of people they
currently employ in the U.S. over the next year. Another 42 percent anticipate
U.S. payrolls will hold steady during the upcoming year, while 15 percent
expect a reduction in the number of people that their organizations employ
Expected Change in Business Conditions
in the First Half of 2014 and Full Year of 2014
The 2014 AFP Business Outlook Survey was conducted between November 25 and December 6, 2013 and generated 824 responses from corporate practitioners holding a variety of positions (including CFOs, treasurers and other financial professionals), employed across a wide range of industries.