CNBC: CFOs signal fears of consumer spending slump

[Blue_Horseshoe]

Report from CNBC, 20th Feb 2014

[

CNBC asked 51 chief financial officers (CFO) from Europe and Asia who make up the CNBC CFO council to give their insight on the state of the world economy and conditions for doing business. Nearly half of the respondents ranked weakening consumer demand as their strongest concern for their business. No other risk factor even came close, with fears of a China slowdown receiving 16 percent for their highest ranked concern.

](https://www.cnbc.com/id/101431280)

51 respondents wouldn’t be statistically significant, but if, as claimed in the report, the findings align with other wider surveys that it suggests that consumers across the world aren’t sending their way out of the recession.

Blue Horseshoe