Overwhelming Majority of CEOs Say They’re Preparing for Recession

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Almost all CEOs say they are preparing for a recession in the United States, a recent survey shows.

When asked to describe the economic conditions in the next 12–18 months, 98 percent of CEOs said they were preparing for a U.S. recession in the recent Conference Board Measure of CEO Confidence survey.

However, most of the CEOs believed the recession in America will be “brief and shallow.”

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