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CFOs up forecasting frequency amid economic uncertainty: survey

CFO Dive

Pricing pressures, labor costs and talent retention struggles are creating new forecasting challenges for financial and business leaders, the AICPA & CIMA survey found.

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Forecasting Recessions

Barry Ritholtz

The chart above shows that 84% of CEOs are forecasting a recession over the next 12 months, 69% of Consumers saying the same thing, with the yield curve predicting a 61% chance of a contraction. The problem is those sets of forecasts is already 2 months old, dated October 3, 2023. Previously : Slowing U.S.

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China’s economic growth: IMF raises GDP forecast 

Future CFO

China’s economic growth is estimated to hit 5.4% The fund raised its forecast for China’s economic growth after the country’s better-than-expected Q3 growth and Beijing’s move to approve a 1 trillion yuan (US$137 billion) sovereign bond issue and allow local governments to frontload part of their 2024 bond quotas.

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Tackling the build versus buy forecasting dilemma

CFO Dive

The rise in economic volatility is increasing the need for better decisions when it comes to acquiring and interpreting forecasting data.

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Inflation to slow, settling close to Fed target in 2025: Wolters Kluwer

CFO Dive

The forecast that price pressures will fall aligns with a 13% decline this month in sentiment among consumers, who fuel roughly 70% of economic growth.

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Global GDP growth forecast upgraded to 2.4% for 2023

Future CFO

Atradius has recently upgraded its global GDP growth forecast for 2023 to 2.4%, which is a slowdown from 2022 but a significant improvement on earlier predictions. In addition, the firm posted a global GDP growth forecast of 2.0% Emerging market economies (EMEs) will fare better, with forecast growth of 3.9% for 2024. “We

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IMF cuts 2022 global economic growth forecast to 4.4%

Future CFO

The IMF revised recently its 2022 global economic growth forecast to 4.4% global economic growth for 2023, up from the prior projection while cumulative expansion for the two years will still be 0.3 percentage point less than previously forecast. percentage point less than previously forecast. That followed a 3.1%