Every Single Business Leader Surveyed In New Poll Thinks A Recession Is Coming
American executives overwhelmingly believe that a recession will strike in early 2023, according to a new CNBC survey of chief financial officers released Thursday.
The United States economy shrank at a 1.5% annualized rate in the first quarter of 2022, with two consecutive quarters of negative growth constituting recession territory. According to CNBC’s most recent CFO Council Survey, executives are generally pessimistic about economic futures.
