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From: Paul H. Christiansen	9/16/2016 10:04:24 AM
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CFO Survey: U.S. Political Risk to Hinder Capital Spending Beyond Election More than a third of U.S. CFOs say political uncertainty will put the brakes on their spending plans beyond the election, which could create a significant drag on the economy, a new survey finds. The latest Duke University/CFO Global Business Outlook finds at least 33 percent of CFOs, regardless of who is elected, say that they will hold back on investment after the election as they wait to see how the new president will govern. "It is surprising to hear a fair number of business leaders say they will continue to wait and see after the election, until it becomes clearer how the new president and Congress will lead," said John Graham, a finance professor at Duke's Fuqua School of Businessand director of the survey. "We're accustomed to seeing investment falling in the September before an election, but that uncertainty usually dissipates on Election Day and investment levels return to normal in December. This year, the dampening effect of political uncertainty will continue past Election Day." The survey found 40 percent of CFOs say they will hold off on investment if Hillary Clinton is elected. About 33 percent say the same about Donald Trump. fuqua.duke.edu

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