RGP Pulse survey highlights impact of lower interest rates on corporate investment.
Global professional services firm RGP (Nasdaq: RGP) has released new research around how ongoing labor market challenges, growing digital transformation spend and the Federal Reserve's September interest rate cut are impacting workforce strategy decisions for U.S. companies.
More than half of financial decision makers (51%) polled after Federal Reserve's September meeting expect their organization to increase some investments before the end of 2024, while four in five (81%) expect to increase investments by the first half of 2025. Respondents cited business process optimization and automation as the top area of increased investment if a lower interest rate environment were to unlock new capital in 2025, followed by digital transformation and AI.
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