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Tatum Survey: Financial Executives Forecasting Improving Conditions

Tatum Survey: Financial Executives Forecasting Improving Conditions

A new survey conducted by professional services firm Tatum shows that financial executives across the U.S. are becoming increasingly confident that business conditions are improving.

The survey, which includes responses from those holding

A new survey conducted by professional services firm Tatum shows that financial executives across the U.S. are becoming increasingly confident that business conditions are improving.

The survey, which includes responses from those holding executive jobs such as CFO, controller and CIO, found that 39 percent of executives reported improving business conditions as of March 1, an increase over the 33 percent seen in February.

The improving trend began last November and the level of optimism has reportedly not been this high in nearly a year, according to Tatum.

"After three years of fiscal and monetary stimuli, our survey suggests that the economy is moving in a more positive direction," Sam Norwood, senior partner and editor of the Tatum Survey, noted in a release. "The theme we see this month is that the uncertainly around a broadening economic recovery seems to be dissipating. For the fifth consecutive month, respondents reported improving business conditions over the prior 30 days."

Tatum is the latest to release a report indicating elevated levels of optimism among financial executives, as the recent Manpower Employment Outlook Survey found hiring for finance jobs is expected to increase throughout the world during the upcoming quarter, according to a release. 

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