Most CEOS in new survey predict short recession ...Middle East

A new survey released Thursday found that the top worry for most CEOs in 2023 is a recession or an economic downturn. The Conference Boards's C-suite outlook for 2023 showed that most CEO's are bracing for a recession in 2023 and listed it as their top external concern, compared to last year when most CEOs listed it as their sixth top concern. Fifty-one percent of CEOs globally and 60 percent of U.S. CEOS said they expect a "tepid" year, with most of them not expecting an economic uptick until the end of 2023 or mid-2024. Inflation and higher borrowing costs are top concerns for CEOs, with most of CEOs worldwide and in the U.S. listing their second top external concern as inflation.

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Last updated : 12 January 2023 clock 11:20 PM

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Most CEOS in new survey predict short recession ...Middle East

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