CFO survey: 75% Predict A Recession in 12 Months.. (They blame Trump's chaotic leadership)

[Quixote1818]

The economy will enter a recession in the second half of 2025, according to a majority of chief financial officers responding to the quarterly CNBC CFO Council Survey.

CFOs describe themselves as generally “pessimistic” on the overall state of the U.S. economy and uncertain about the stock market.

95% of CFOs said policy is impacting their ability to make business decisions, and many said while Trump is delivering on promises, his administration’s approach is too chaotic, disruptive and extreme for businesses to navigate effectively.

Just one quarter ago just 7% were saying this.

https://www.cnbc.com/2025/03/25/recession-is-coming-pessimistic-corporate-cfos-say-cnbc-survey.html

[WarGamer]

1. Fed Reserve predicts 1.7% GDP this year...

Recession requires 2 straight quarters of negative growth and rising UE

Maybe clickbait YouTuber could get a job with the Fed?

[Quixote1818]

2. He got it from the CNBC article I linked to. It's CFO's who are pessimistic. Nothing click-bate about it. nt

[WarGamer]

3. Sometimes 2 negative Quarters isn't enough for recession.

https://www.npr.org/2022/07/28/1113649843/gdp-2q-economy-2022-recession-two-quarters

From 2022

The U.S. economy shrank in the last three months by 0.9%.

This is the second consecutive quarter where the economy has contracted. In the first quarter, GDP, or gross domestic product, decreased at an annual rate of 1.6%.

While two consecutive quarters of negative growth is often considered a recession, it's not an official definition. A nonprofit, non-partisan organization called the National Bureau of Economic Research determines when the U.S. economy is in a recession. An NBER committee made up of eight economists makes that determination and many factors go into that calculation.

[OrlandoDem2]

4. So much instability makes people close their wallet. I am trying to cut spending.

I want to pay bills and prepare. I am sticking only to “needs” and foregoing “wants”.