Board members predict a short-term recession in 2023 fueled mainly by uncertainty. Most expect recovery by the end of 2023, if not sooner, and look forward to more stability both domestically and globally.
As inflation continues to cool, corporate board members’ forecasts for the future of the economy are improving.
Dow 32,000? Inflation calming? End of conflict in the Ukraine? DeSantis as front runner? We asked America’s boardroom members for their best predictions about the coming year. Here’s what they foresee.
Directors continue to downgrade their rating of future business conditions this month after a nosedive in April.
Boardroom optimism continued to falter for the 12th month in a row according to our April Director Confidence Index, conducted in partnership with The Diligent Institute. There’s little sign of a rebound.
More directors say the war in Ukraine has affected their companies’ cybersecurity than anything else and three quarters of directors see it as a prolonged challenge, “with no end in sight.”
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