CEOs, CFOs Predict ‘Red Wave’ In Congress and Strong Inflation for 2022 In New Survey
Dow 40,000? GOP Congress? Inflation soaring? We asked America’s business and finance chiefs to roll out the crystal ball for the year ahead. Here’s what they see.
Dow 40,000? GOP Congress? Inflation soaring? We asked America’s business and finance chiefs to roll out the crystal ball for the year ahead. Here’s what they see.
CEO confidence in business conditions 12 months out declined in October, giving back all of September’s gains when a stock market rally had given hope the Fed would moderate its tightening.
After months of continuous decline, Chief Executive’s leading indicator of CEO sentiment rose for a second consecutive month in September—adding another 2 percent to August’s 14 percent rebound.
Chief Executive Group recently asked hundreds of CEOs and CFOs to share their strategies for navigating the current environment. Here’s where they said they’re focusing energy and resources for the next few months of uncertainty.
After four months of continuous decline, our CEO Confidence Index jumped this month, as CEOs report early indications that by this time next year, the country will be in a recovery. “Business is picking up, and our clients are looking beyond 2023.”
Far more CEOs are forecasting a recession in the near term versus even a month ago, but some say slowing demand amid rising rates and prices is what’s needed to get the economy back on track.
Chief Executive’s June survey of 278 U.S. CEOs shows leading confidence indicator now at 5.5/10, the lowest reading in nearly a decade. Majority forecasts worsening conditions in the year ahead, though not a recession.
Almost all the CEOs we surveyed in May say they will work in at least partially hybrid mode for the rest of the year—versus just 7 percent who said they’d be fully remote.
Amid historic inflation, choked supply chains, rising interest rates and an unending battle for talent, CEOs are increasingly worried about the year ahead.
More CEOs say the war in Ukraine has affected their companies’ cybersecurity than anything else, and a whopping 85 percent of them see it as a prolonged challenge, “with no end in sight.”
Inflation, supply chain snarls and increasing concern about a recession push CEO confidence to its lowest level since the Clinton v. Trump election. “The Russian invasion of Ukraine became the tipping point.”
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