U.S. Recession Chances Increasing: Duke University/CFO Global Business Outlook Survey (Video)

CFOs are becoming more pessimistic of the U.S. economy in 2016 according to the latest Duke University/CFO Global Business Outlook Survey.

According to CFO magazine which summarized the survey, CFOs, on average, think that “there is a 31% chance that the U.S. economy will be in recession by year-end 2016, double the 16% chance predicted just nine months ago.”

“The executives say the biggest risk factors to cause recession are the slowdown in China (59% of CFOs assign China as a significant risk), political turmoil in the United States (53%), a stock market decline (50%), and the price of oil (40%).”

In the video above, John Graham, finance professor at Duke’s Fuqua School of Business, also discusses the survey and the rising concerns by CFOs.

Read the full post


Recent Posts

See All

Reshaping the Role of the CFO

According to a recent survey, conducted in two parts, by Grant Thornton LLP, the current pandemic has forced chief financial officers (CFOs) to become “change agents” and “strategists” — while still o

U.S. Confidence in Economy Starts to Rebound

In the second quarter of 2020, U.S. Chief Financial Officers (CFOs) said they were more optimistic about the financial prospects of their companies and the direction of the U.S. economy compared with

(415) 562-4490