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CEOs Say They Expect a U.S. Recession, but Most Think It Will Be Short
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Top executives in much of the world are preparing for an economic downturn that is shorter and milder than usual, so they are focused on weathering the slowdown without widespread job cuts, a new survey found.
Significant majorities of corporate leaders outside China and Japan expect growth to return by late 2023 or the first half of 2024, according to an annual survey of more than 1,100 executives by the Conference Board, a not-for-profit business-research organization.
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