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What America’s Most Prominent CEOs Are Saying About Recession

Started by Epoch-Times-Bot, Oct 20, 2022, 04:45 PM

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Epoch-Times-Bot

Oct 20, 2022, 04:45 PM
What America's Most Prominent CEOs Are Saying About Recession

Despite the U.S. economy slipping into a technical recession in the first half of 2022, CEOs believe that economic conditions could further deteriorate over the next six months, according to a recent survey by a nonprofit business membership and research group organization.
The Conference Board survey found that 98 percent of chief executives are preparing for a recession in the next 12 to 18 months in the United States.
Eighty-one percent of CEOs noted that general economic conditions have worsened from six months ago, and 74 percent anticipate that conditions will weaken over the next six months. More than half (52 percent) noted that conditions in their own industries were in worse condition to start the fourth quarter, while 54 percent expect short-term prospects to soften in their own industries during the next half-year....

Source: What America's Most Prominent CEOs Are Saying About Recession

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