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Retail sales exceed forecasts, underscoring solid 2024 economic growth

CFO Dive

Recent signs of vitality have prompted some economists to mark up growth forecasts, despite weakness in manufacturing and a hiring slowdown early in the summer.

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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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Economic data no longer herald recession: Conference Board

CFO Dive

Several data points during the past two weeks paint a sunny outlook for the economy, discouraging forecasts of a downturn.

Economics 281
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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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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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Financial Forecasting for Small Businesses: Plan with Precision

CFO Plans

In the fast-paced world of small business, precise financial forecasting is not merely advantageous—it’s essential. This startling statistic underscores the critical importance of accurate financial forecasting. Let’s dive into the essentials of financial forecasting and how it can revolutionize your business strategy.