Daily News: May 3, 2012

GE Capital: Retail CFOs More Optimistic About Industry, Economy

The chief financial officers (CFOs) of U.S. middle-market retailers are more optimistic about the current state of their own industry and the U.S. economy, although they are significantly more pessimistic about the global economy, according to the latest GE Capital U.S. Mid-Market Survey.

Fifty-one percent of retail CFOs say their industry will grow over the next 12 months