The Journal's analysis may overstate the health of American corporations by looking only at the companies that survived the recession. economy and their own companies' outlooks than their counterparts at smaller companies. The March survey found that finance chiefs of companies with revenue of more than $1 billion were significantly more optimistic about the U.S. Graham directs a quarterly survey of chief financial officers, with CFO Magazine. "It's a real winners-versus-losers phenomenon," saysĪ professor of finance at Duke University. companies have emerged from the deepest recession since World War II more productive, more profitable, flush with cash and less burdened by debt.
In 2009, the company laid off 4,000 employees, or 20% of its work force, as revenue plunged 22% and the company posted a loss.īig U.S. Last year, that figure rose to $420,000.Ī Santa Clara, Calif., maker of scientific equipment, that was suffering from the shock of the economic crisis. In 2007, the companies generated an average of $378,000 in revenue for every employee on their payrolls. Overall, though, the Journal found that S&P 500 companies have become more efficient-and more productive. Even before Friday's report, analysts expected earnings from S&P 500 companies to rise 9% this year, down from 15% last year. Much of Europe is in recession and growth is slowing in China. The Labor Department said Friday that employers added fewer jobs than expected in March, reigniting concerns that the economic recovery would stall again.
See how individual companies fared on those measures during the recession and recovery. companies emerged from the recession more productive, as measured by revenue and net income per employee, and holding more cash.
0 kommentar(er)
