The data was drawn from Prime Advantage’s sixth annual Group CFO Survey, which revealed that member CFOs remain optimistic about financial prospects and are focused on growth, as indicated by increased hiring, capital, and research and development investments.
Making sense of the shadowy uncertainties of the future is never simple, but the goal of foresight research isn’t to predict a specific future outcome. It’s to identify the disrupting forces in our markets, our businesses, and our lifestyles while the disruptors are still just whispers; while there’s still time to anticipate them and use them to our advantage.
Heating, Air-conditioning, and Refrigeration Distributors International (HARDI) reported a 19.5 percent sales increase from distributor members in December in its monthly TRENDS report.
New fuel has been added to the minimum wage debate as the Congressional Budget Office (CBO) declares that raising it could have negative consequences on jobs.
Despite the economic downturn, HVAC industry revenue from 2009 to 2014 increased at an annualized rate of 2.4 percent. With the positive developments now seen in the market, industry revenue is forecast to rise over the next five years, with significant growth in 2014.
The results of the survey reflect a “significant improvement” over last year’s survey, which found 70 percent of participants expected the economy to be better in 2013 than 2012, while 3 percent predicted it would be worse.