Are Consumers & CEOs Expecting Recession This Year
The Conference Board announced that the Consumer Confidence Index® fell this month, erasing back-to-back increases in June and July. In this episode of CEO Perspectives, Steve Odland, The Conference Board President and CEO, and Dana Peterson, Chief Economist at The Conference Board, sit down to discuss what this means for the labor market, inflation and wider US economy. Tune in to find out: · How are consumers feeling about inflation and the job market in August? · What is consumer sentiment around the stock market? · How are consumers’ balance sheets doing, specifically their savings? · To what extent are CEOs currently expecting a recession? · What can we expect for global growth later this year and into next year? For more Trusted Insights for What’s Ahead: · Read the August Consumer Confidence Index · Access the latest insights on Navigating the Economic Storm