Deloitte: CFOs ‘on the fence’ about state of economy

Finance leaders are remaining cautious about the economy with 2026 around the corner.

Deloitte’s latest CFO Signals survey, which captures insights from finance chiefs in North America and around the globe, revealed that the overall level of confidence in current and future business conditions edged up in the third quarter of 2025, coming in at 5.7. The previous quarter, the score stood at 5.4, and one year ago, it was at 5. 

Despite the slight increase, CFOs appear to be on the fence about the current status of the North American economy. Only 20% of the respondents think the region’s present economy is “very good” or “good.” Only 8% think it’s “very bad” or “bad,” while the rest are neutral.

CFOs remained risk averse in the third quarter, according to Deloitte’s survey. Only 36% of respondents said they think now is a good time to be taking on greater risk. This figure is just slightly above the reading last quarter, and on par with the two-year average of 39%.

Deloitte: CFOs ‘on the fence’ about state of economy | Chain Store Age

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