Recent Corporate CFO Surveys Predicting US Recession Is Here, Or Imminent

(52%) of U.S. CFOs believe the U.S. will be in an economic recession by the end of 2020…

by Jason Burack via Wall St For Main St

More than half of U.S. businesses expect a recession to occur in 2020, coinciding with the timing of the presidential election, according to fourth-quarter results from the Duke University/CFO Global Business Outlook. More than half (52%) of U.S. CFOs believe the U.S. will be in an economic recession by the end of 2020, and 76% predict a recession by mid-2021.

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