CEO economic outlook tumbles to two-year low | CNN Business

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Slower hiring. Weaker spending. And softer growth. That’s what America’s CEOs are bracing for as the economy heads into 2023 facing a series of obstacles.

The Business Roundtable said Monday its CEO Economic Outlook Index tumbled during the fourth quarter to the lowest level in more than two years. The index, a composite of CEO plans for business investment, hiring and sales expectations, has declined every quarter this year, plunging from 124 a year ago to 73 now.

CEOs surveyed by the Business Roundtable are now calling for growth of just 1.2% next year, down from nearly 6% in 2021. “With continued supply chain challenges and inflation uncertainty, many CEOs remain cautious about domestic plans and expectations for the next six months,” GM CEO Mary Barra, who chairs the Business Roundtable, said in a statement.

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 /  🏆 4. in TH
 

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This is not international matter but your local misery. In 2023 and after,expect much more far reaching and deeply shocking problems,for your time was up 20 years ago ,and since then it had been wrapping itself in darkness and complete withdrawal.The Supremacists(dulls) know not.

But wait, according to sleepy joe, his huge spending bills are going to kick in in 2023 and it’s going to be an amazing year for the economy?

Wait! Bracing for? Haven’t many of them been complaining about runaway inflation? Isn’t what you describe what they’ve wanted in an effort to slow inflation & provide for a soft landing? Or are they only concerned w/maximizing profit & bitching about anything that might interfere

You asked for this. You voted for it. Now embrace it.

Weapons makers are hiring and there's lots of vacancies on the front line in Ukraine.

Nahh.. the CEOs are just concerned about their deep pockets, their greed, from record profits, going down to 'trickle' profits, That's, their only Worry.. their greed!

What would you do if that item disappeared from this world? Here is the point of our discussion. Amen

BS

Hunter Who? Hunter Who? Hunter Who?

Oh big business is bracing for weaker spending. Or are they worried their excessive profits will disappear!

Recession “fears” = ratings…

THANKS JOE AND ADMIN! we'll all be broke by the end of '23

Common CNN. Get your facts straight. Repeat after me “ there is no recession”

Nobody is listening to CNN anymore and that way thEy should reduce spending

blablablabla, USA and Canada are looking for millions of workers to fill all these available jobs .

In others news, America's CEOs announce they will do everything can to put trump back in the White House.

Come on man!

cnnsucks

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