McKnight’s Senior Living January 18, 2024
CEOs in the United States and elsewhere are concerned about economic pressures, yet just 37% are prepared for an increase in inflation, and only 34% are prepared for a recession. That’s according to the results of a survey from The Conference Board.
Fifty-five percent of US CEOs surveyed cited “economic downturn/recession” as a high-impact issue for 2024.
“Both factors also topped the 2023 list of high-impact issues. While we believe a global recession is unlikely in 2024, we do expect slower growth in the wake of tighter monetary policy to tackle inflation,” the authors noted. “Adding to global CEOs’ concerns is that less than 30% believe their organizations are adequately prepared to navigate either a recession or inflation.”
Several leaders...
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