Grant Thornton LLP recently completed its biannual national survey of 516 U.S. chief financial officers. The findings included the following:
Inflation Creeping In
While 62% expect no increase in prices over next six months, 31% expect their prices to increase. This is up from 24% six months earlier. Only 7% expect to reduce prices.
Over the next six months, do you expect prices or fees charged by your company to:
10/10 3/10 9/09 3/09
Remain the same 62% 67% 67% 70%
Increase 31% 24% 22% 15%
Decrease 7% 9% 11% 15%
The best way to create jobs is:
Cut corporate tax rate – 35%
Cut personal income tax rates – 29%
Tax credit for new hires – 22%
Government stimulus programs – 9%
R And D credits – 5%
Are you concerned about a double-dip recession?
Yes – 59%
No – 41%
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About Grant Thornton LLP
The people in the independent firms of Grant Thornton International Ltd provide personalized attention and the highest quality service to public and private clients in more than 100 countries. Grant Thornton LLP is the U.S. member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. Grant Thornton International Ltd and its member firms are not a worldwide partnership, as each member firm is a separate and distinct legal entity.
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