“CFOs have improved their economic outlook amid stronger realized growth in the U.S. economy,” said Atlanta Fed economist Brent Meyer. “Firms still face many challenges, including a tight labor market and persistent pricing pressures, but there is less concern over a downturn in economic growth compared with previous quarters.” View the full results >
The Impact of Automation on Firm Performance and Expectations
Since the COVID-19 pandemic, larger-than-normal cost growth has weighed on firms, prompting many to pass through higher costs to their customers and explore cost-reduction measures. We asked firms whether they adopted labor-replacing automation in the last 12 months, what motivated their decisions to automate, and how it impacted their labor decisions. In this report, we investigate how the firms that adopted automation differ — in performance and expectations — from those that did not adopt automation. Read more in Research & Commentary >
Subscribe to The CFO Survey
Receive an email notification when The CFO Survey updates are posted online.