Deloitte's Q4 2025 CFO Signals report, released this morning, finds the CFO Confidence Score at 6.6, higher than the Q3 reading of 5.7, and the highest score since late 2021. The score, the highest 10, measures CFO confidence in economic conditions and sentiment about the capital markets. CFOs raised their assessment of the North American economy this quarter, with 36% rating the current environment as very good or good, and 56% saying they expect it to be much better or better in 12 months.
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.