A recent survey indicates that a majority of chief executive officers (CEOs) in the United States believe a recession is likely to occur in the next six months. The survey, released Monday, shows that more than 60% of CEOs are bracing for an economic downturn. This increased concern comes amid growing uncertainty surrounding tariffs and international trade.
Many CEOs expressed worries that escalating tariffs could negatively impact their businesses by increasing costs and disrupting supply chains. These concerns are contributing to a more pessimistic outlook on the overall health of the U.S. economy. The survey results suggest that businesses are preparing for a potential slowdown, which could include measures like reducing investments and slowing down hiring.
Economists are closely watching these indicators as they try to predict the future of the economy. While a CEO survey is not a definitive predictor of a recession, it offers valuable insight into the mindset of business leaders and their expectations for the near future. The growing anxiety among CEOs underscores the need for careful monitoring of economic developments and proactive strategies to mitigate potential risks.
CEO Survey: Recession Fears Rise Amid Tariff Concerns
A new survey reveals that over 60% of CEOs anticipate a recession in the U.S. economy within the next six months. Growing concerns about tariffs and their potential impact on business are fueling these recession fears. The survey highlights a significant shift in executive sentiment, indicating a growing unease about the economic outlook. This comes as businesses grapple with increased costs and uncertainty in the global market.
Source: Read the original article at NBC