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U S Finance Chiefs Expect Growing Revenue, Wages and Employment Levels in 2021

Dec. 22, 2020 9:00 am ET Chief financial officers at U.S. companies are optimistic the country’s economy as a whole and their businesses, in particular will recover in 2021 despite worries about potential tax rate changes and higher labor costs. Newsletter Sign-up CFO Journal PREVIEW SUBSCRIBE Finance chiefs expect their companies’ revenue to rise by an average of 6.9% next year, up from a 0.3% increase forecast for 2020, according to a survey by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta. Wages, prices and employment levels also are forecast to increase, the survey of about 300 CFOs found.

John St Clair | Abt Associates

John St. Clair, who has more than 25 years of operations and finance experience, with a focus on global operating models, has joined Abt Associates as vice president, project delivery and operations. Before coming to Abt, St. Clair was the vice president of International Offices for RTI International.  His tenure there included the design, implementation and leadership of RTI’s Africa Regional Office in Nairobi, Kenya. He also expanded the regional office model to Asia and Latin America and the Caribbean, leading the global regional offices and India subsidiary for many years. Prior to RTI, he served as director of Financial Planning & Investor Relations for Motricity, where he led financial planning and analysis, budgeting, investor relations, and merger and acquisition due diligence, and as chief operating officer at Open Source Risk Management.

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