Going Beyond the Book 2023
Going Beyond the Book 2023 | 11 [ DUN & BRADSTREET CFO OPTIMISM INDEX ] The Composite CFO Optimism Index increased by 11.1%, on a y-o-y basis, to 95.1 for Q3 2023 Opt imism level for f inancial performance of the companies increased by 7.5% (y-o-y) O p t i m i s m l e v e l f o r ma c r oe c onom i c s c e n a r i o increased by 16.5% (y-o-y) Optimism level of CFOs increased by 4.1% (y-o-y) in the services and by 16.4% (y-o-y) in the industrial sector O p t i m i s m l e v e l f o r ma c r oe c onom i c s c e n a r i o increased 26.7% (y-o-y) in the industrial sector and increased by 7.2% (y-o-y) in the services sector Opt imism level for f inancial performance increased by 9.1% (y-o-y) industrial sector and 2.1% (y-o-y) for services sector, respectively 51% o f CFOs expec t t he operatingmargin of the company to increase in Q3 2023 compared to 40% in Q3 2022 Optimism for the availability of funds in the market within industrial sector has come down to 46% in Q3 2023, 8 percentage points lower than Q3 2022 Optimism for liquidity position of the company for industrial sector increased to 51% inQ3 2023 from 33% in Q3 2022 Only 36% of CFOs within service sector are optimistic about need for raising short term funds, compared to 46% in Q3 2022. Dun & Bradstreet
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