Connect with us

Headlines

CFOs Believe There’s a 31% Chance That the U.S. Economy Will Be in Recession by the End of the Year

mm

Published

on

Optimism has dissipated in the last nine months.

Chief financial officers in the United States believe, on average, that there’s a 31 percent chance the national economy will be hit with a recession by the end of the year, according to the Duke University/CFO Global Business Outlook survey that’s cited by the Triangle Business Journal.

“The recession outlook has worsened significantly in the last nine months,” John Graham, a finance professor at Duke’s Fuqua School of Business and director of the survey, told TBJ. “Last June, the odds of recession were low in many countries, including the U.S., Canada and much of Europe. Today, driven in large part by slowing emerging economies and volatile financial markets and commodity prices, the risk is relatively high around the world.”

Read more at the Triangle Business Journal

Advertisement

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials | Zadok Master Jewelers

Stick to the Program — And Watch Your Sales Grow

When Zadok Master Jewelers in Houston, Texas, decided to move to a new location (they’d been in the same one for the 45 years they’d been in business), they called Wilkerson to run a moving sale. The results, says seventh-generation jeweler Jonathan Zadok, were “off the charts” in terms of traffic and sales. Why? They took Wilkerson’s advice and stuck to the company’s marketing program, which included sign twirlers — something Jonathan Zadok had never used before. He says a number of very wealthy customers came in because of them. “They said, ‘I loved your sign twirlers and here’s my credit card for $20,000.’ There’s no way we could have done that on our own,” says Zadok. “Without Wilkerson, the sale never, ever would have come close to what it did.”

Promoted Headlines

Most Popular