"Are finance chiefs simply adapting to this unending unpredictability? "Uncertainty has become the new norm," Steve Gallucci, global and U.S. leader of Deloitte's CFO Program, said during our discussion of the firm's Q3 2025 CFO Signals report released this morning. Gallucci emphasized that it's critical for CFOs to foster strategies and mechanisms designed to manage persistent variability-a reality that's unlikely to change soon. According to the report, the CFO confidence score came in at 5.7, slightly up from last quarter's 5.4 reading."
"While a geopolitical shock is always possible, most finance chiefs remain more optimistic about their own organizations' financial prospects, even as they are cautious about the broader macroeconomic landscape, Gallucci explained. In North America, 90% of finance chiefs said their companies' financial prospects are much better or better than three months ago-up from 48% in Q2. However, CFOs have named talent, whether in hiring, retention, or skill gaps, as their top internal risk."
Uncertainty has become the new norm. The CFO confidence score rose to 5.7, up from 5.4 the previous quarter. In North America, 19% of CFOs say the economy is good now, while 34% expect it to improve within a year. The Federal Reserve cut interest rates in September—the first reduction since December—with the possibility of additional cuts before year-end. Ninety percent of North American finance chiefs report their companies' financial prospects are better or much better than three months ago, up from 48% in Q2. Talent risks, including hiring, retention, and skill gaps, top internal concerns, prompting emphasis on upskilling and tech capability.
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