Recession Fears Surge Among CEOs, Survey Suggests

Most prime executives say they assume a recession is looming or already right here, in line with a new survey, reflecting a speedy deterioration of the financial outlook amongst enterprise leaders.

More than 60% of CEOs anticipate a recession of their geographic area within the subsequent 12 to 18 months, in line with a survey of 750 CEOs and different C-suite executives launched Friday by the Conference Board, a enterprise analysis agency. An extra 15% assume the area of the world the place their firm operates is already in a recession.