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25 January 2023 / Chart
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A slowing economy and inflation have CEOs worried: There was virtual consensus that the number one concern for CEOs around the world is the economic downturn and recession. Number 2 is inflation in all areas of the world except China and Japan. With CEOs expectations for a recession high, there is little consensus on when their regions are likely to achieve positive GDP growth. Compared to other regions or countries, CEOs in Japan are most pessimistic, with more than a third expecting a turnaround to occur only beyond mid-2024.
For more insights and to find out what else C-suite executives are concerned about (Hint: Highest ranking external concerns after recession are inflation, volatility in energy prices, labor shortages, supply chain disruptions, and COVID-19 disruptions), read the full report here.
And visit our Global Recession Hub: your indispensable guide for navigating the economic storm—and emerging stronger on the other side.
