U.S. companies swallowed the oil shock. They’re not sure they can do it again

U.S. firms have largely absorbed the impact of recent oil price shocks. While individual company prospects remain a point of confidence for financial leaders, their outlook regarding the broader world economy has decreased substantially in the second quarter.

Coverage from Reuters, Fortune, and CFO.com highlights a divergence between internal company performance and external economic sentiment. Despite this prevailing lack of optimism, data cited by Financial Regulation News indicates that 67 percent of companies still anticipate increased technology spending.

According to the Richmond Fed, CFOs are increasingly prioritizing their own firm’s prospects over the state of the national economy. Future reports will likely focus on whether these firms can maintain this performance if economic pressures persist or if current spending plans remain intact.