2015 American Express/CFO Research Global Business and Spending Monitor: Selective Spending In Pursuit of Growth

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The eighth annual American Express/CFO Research Global Business and Spending Monitor* explores how finance leadership around the world judge the pace of economic recovery in their own countries, and what they plan to do to strengthen their businesses in the coming year. This year’s report shows respondents from North America (the U.S. and Canada) building on the forward progress made over the previous two years, with 83% of respondents in the U.S. and 73% of respondents in Canada predicting economic expansion in 2015. In countries outside of North America, the outlook for 2015 is mixed.

  • This year, respondents’ expectations for economic expansion is higher in North America than in other regions in the study—Latin America, Europe, and Asia/Australia.
  • Globally, India continues to lead other countries in terms of economic confidence, with 94% of respondents predicting expansion. However, many countries, including India and the United States, did not meet the expectations for growth expressed by last year’s respondents.
  • Respondents in several countries, including Canada, plan on increasing investment in areas that are focused on boosting revenues. Finance leaders surveyed in the U.S., the U.K., and France also plan on more activity in mergers and acquisitions (M&A).
  • Respondents’ Anticipation of employment growth is strongest in India (78%), Spain (66%), and the U.S. (61%), and weakest in Russia (5%) and France (0%).

*The American Express/CFO Research Global Business and Spending Monitor 2015 survey results are based on 565 respondents from companies with revenues of $500M to over $20B in: 33% Asia/Australia, 30% Europe, 23% North America, and 14% Latin America