Indications that the United States will soon enter a recessionary period are strengthening as a prominent economic indicator dropped further into negative territory in September. The Conference Board’s Leading Economic Index (LEI) declined by 0.4 percent to 115.9 in September after remaining unchanged in August, according to an Oct. 20 press release. During the six-month…
Overwhelming Majority of CEOs Say They’re Preparing for Recession
Almost all CEOs say they are preparing for a recession in the United States, a recent survey shows. When asked to describe the economic conditions in the next 12–18 months, 98 percent of CEOs said they were preparing for a U.S. recession in the recent Conference Board Measure of CEO Confidence survey. However, most of…
Over 60 Percent of CEOs Expecting Recession, 15 Percent Already in Recession: Survey
A significant majority of CEOs are worried about an upcoming potential recession, while many are also worried about the issue of margin compression, according to the latest survey by business research firm The Conference Board. More than 60 percent of global CEOs are expecting a recession in their primary location of operation within the next…
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