Amidst all the otherwise news CFO Magazine reports a “sales surge of 15% and a rise in median cash flow of 4% between the first and second quarters of this year.“
“If companies were overly concerned about a decline in GDP, we would likely see declines in inventory levels and capital expenditures, instead of the increasing levels observed in the data. Moreover, the spurt in median revenues observed during the second quarter suggests that companies are growing and not declining,” the authors say.
That’s some welcome news!
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