86 percent of CEOS expect recession in next 12 months: Survey
86 percent of CEOS expect recession in next 12 months: Survey
(The Hill) — Eighty-six percent of global CEOs expect a recession to hit in the next year, although most believe it will be mild and short, according to a new KPMG survey.
The poll found that 14 percent of CEOs viewed a recession as a pressing concern, up from 9 percent earlier this year. Pandemic fatigue, which was cited by 15 percent of respondents, topped the list.
Despite growing concerns…