Individuals working careers in finance are feeling very happy about their choice of occupation. Chief financial officers found that optimism regarding the economy is rising consistently leading into the second half of 2013, according to a recent poll conducted by Financial Executives International and Baruch College.
The surveyed executives reported increased confidence in their own businesses, with the index for that query rising by three points when compared to findings from the previous quarter. Also of note was the fact that many employers plan to hire new workers during the next six months, giving hope to those searching for entry level finance jobs.
"The results of this quarter's survey show that overall economic confidence among financial leaders in the U.S. has improved," said Linda Allen, a professor of Economics and Finance at the University. "Particularly encouraging is the attitude towards hiring: 61% of CFOs plan to hire within the next six months, and employee compensation is expected to increase by 3.5%."
Unfortunately, U.S. consumers aren't feeling as confident as their executive counterparts. Customer confidence dropped down from a six year high during August, with the Thomson Reuters/University of Michigan consumer sentiment index displaying a five-point drop during July, the most significant decline since December.