Participants in the 2013 Bank of America Merrill Lynch CFO Outlook Mid-Year Update gave the U.S. economy an average score of 58 out of 100. This figure was up from 49 in the last survey conducted late last year. The global economy received a score of 51, up from 45.
CFOs showed even greater optimism about economic growth, with 55% expecting expansion in 2013, compared with 39% in the previous survey. Those expecting the economy to shrink dropped to 10% from 24%.