CFOs expect their firms' wages to rise 7.3% in the coming year—Deloitte survey

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Good morning. CFOs are becoming more bullish on the economy. But they still have concerns about ongoing challenges like geopolitics and market volatility.

Deloitte has released its fourth quarter 2024 North American CFO Signals survey which finds 72% of CFOs believe the North American economy will improve over the next year, and half of them rate the the current economy as good. A metric used by Deloitte, the CFO Confidence Score, came in at 5.8 for Q4, up from 5.0 in Q3—the highest reading in 10 quarters. And 67% of CFOs said it’s a good time to take risks, up from a 10-year average of 50%.