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Holding Onto Your Marketing Budget in a Downturn

CFO News Room

If you’re a chief marketing officer (CMO), the current economic uncertainty undoubtedly creates anxiety for you, your team, and your agencies. The Mobile Marketing Association (MMA) has demonstrated the tight correlation between advertising spend and economic indicators like GDP growth by looking at historical data.

Budgeting 130
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How much will GST impact Budget math?

CFO News

High GST boosts government revenue, aiding fiscal health, infrastructure, and social programs, enhancing economic stability and investor confidence.

Math 52
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Beyond the numbers: What teaching shortages look like in practice

CFO News Room

One seventh-grade math teacher at the school livestreams to the three other schools daily and travels to those schools for in-person instruction once a week. and Edgenuity Inc. Other schools are trying to fill teacher vacancies by experimenting with four-day school weeks.

Numbers 130
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This FP&A Factor will Cost US Businesses $7,800,000,000 in 2022

The Finance Weekly

A study by the University of Baltimore and Excel-based FP&A company, , DataRails , lays out the full economic costs of businesses sticking with manually prepared financial reports. Breaking down the Math. The scope of manual work is also quite large and covers categories such as budgets, month-end closes, and forecasts.

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The Greatest Missed Opportunity of Our Lifetimes

Barry Ritholtz

As the Peterson Institute noted: In June, the Congressional Budget Office (CBO) projected that annual net interest costs would total $663 billion in 2023 and almost double over the upcoming decade, soaring from $745 billion in 2024 to $1.4 Note that this is not hindsight bias , but rather discussions we had repeatedly here in the mid-2010s.

Treasury 129
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DIE Ruins Excellence in Orchestral Programming

CFO News Room

They say the guide “lays out actionable strategies for orchestras seeking to diversify the repertoire they present, drawing on interviews with orchestras of all budget sizes.” The League of American Orchestras (LAO) recently released a guide incorporating Equity, Diversity, and Inclusion in artistic planning for orchestras.

Math 130
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Wealth Inequality Might Be Hurting Families’ Retail Budgets

PYMNTS

More often than not, the discussions revolve around economic redistribution as some kind of zero-sum game between the haves and have-nots — the side with the most money is the side that wins. The picture is even more dire for families on the lower end of the income spectrum. percent in 2014 from just 8.8 percent in 2009).