October 28, 2009 – Three-quarters of respondents polled think things are the same or worse than they were six months ago, according to the October survey of more than 140 financial executives conducted by Adaptive Planning and the Business Performance Management (BPM) Forum.
The Q3 2009 Business Volatility and Variables Survey showed that 57 percent surveyed are still facing high or very high levels of uncertainty in their business. Nearly half (46 percent) of financial professionals think that the current recession will be characterized by another large economic dip, and 74 percent see the recovery taking at least until mid 2010. Three times as many companies (34 percent) replanned or reforecast more than twice in Q3 versus Q2 of 2009.
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