60% of CEOs expect recession by 2023: Conference Board

60% of CEOs expect recession by 2023: Conference Board

Fears of an economic downturn are growing among CEOs, with some convinced the economy has already rolled over.

The majority of chief executive officers and other C-suite leaders across the globe believe their geographic region will enter a recession by the end of 2023, according to a survey from the Conference Board released Friday.

The business research firm found that 60% of CEOs expect the economy to contract in their primary area of operations in the next 12 to 18 months. Some 15% of CEOs…


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