Retail CFOs See Stagnation: Survey

Most retail chief financial offers predict a continuation of stagnant economic conditions, according to a report from BDO USA, an accounting and consulting firm.

CHICAGO — Most retail chief financial offers predict a continuation of stagnant economic conditions, according to a report this week from BDO USA, an accounting and consulting firm, based here.

The survey found only 9% of retail CFOs expected a ongoing economic recovery, vs. 82% that said ongoing stagnation was more likely. Another 9% projected a "double-dip" recession.

The majority (78%) of retail CFOs said economic improvement was most dependent upon lower unemploymen

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