Survey: 70 Percent of CFOs Would Reduce Hiring if US Goes Over Cliff

December 13, 2012 Carmen Munir Russell-Sluchansky Capitol Costs, Politics Comments Off on Survey: 70 Percent of CFOs Would Reduce Hiring if US Goes Over Cliff
Survey: 70 Percent of CFOs Would Reduce Hiring if US Goes Over Cliff
Survey: 70 Percent of CFOs Would Reduce Hiring if US Goes Over Cliff

A new survey shows that chief financial officers have grown increasingly worried about the so-called “fiscal cliff” and more than 70 percent said they would reduce hiring should the country go over the cliff.

The survey was published by Duke University and CFO Magazine. In the survey, a majority expressed concern that the across-the-board spending cuts and tax hikes will hurt business and, therefore, the economy.

Host Carmen Russell-Sluchansky spoke with John Graham, director of the survey and Duke University finance professor, to discuss the concerns.

 

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About Carmen Munir Russell-Sluchansky 360 Articles
Carmen is a multimedia journalist based in Washington, DC whose work has appeared in a variety of outlets including National Geographic, NBC News, the BBC, Asia! Magazine, The China Post, Chicago Tribune and Orlando Sentinel.

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