A recent survey of chief financial officers found that most believe a recession will strike in the next 12 months, and none believe the will escape a downturn.
The released on Thursday found that 68 percent of CFOs responding to the survey projected that a recession will occur during the first half of 2023.
No CFO predicted a recession any later than the second half of next year, and no CFO surveyed thinks the economy will avoid a recession.
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