U.S. CFOs overwhelmingly expect a recession within 2 years

ACCORDING TO A new survey, a significant majority of chief financial officers in the U.S. expect a recession to begin by 2020. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER
NEW YORK - United States chief financial officers expect a recession as soon as next year, adding to signs that the outlook is souring among businesses and consumers amid a trade war and volatile financial markets. While about 49 percent of respondents see an economic downturn by the end of 2019, 82 percent expect that a…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -