Recession Fears Surge Among CEOs, Survey Suggests

Posted on AllSides June 17th, 2022
From The Center
PHOTO: BING GUAN/BLOOMBERG NEWS

Most top executives say they think a recession is looming or already here, according to a new survey, reflecting a rapid deterioration of the economic outlook among business leaders.

More than 60% of CEOs expect a recession in their geographic region in the next 12 to 18 months, according to a survey of 750 CEOs and other C-suite executives released Friday by the Conference Board, a business research firm. An additional 15% think the region of the world where their company operates is already in a recession.

In late 2021, 22% of CEOs...

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