Director sentiment in current and future business conditions slipped slightly in April, though an increasing proportion expect improvements post-election. Also: They really like the comp plans they have in place.
Director projections for profit and revenue growth reached multi-year highs this month, but directors remain split in their predictions for where the economy is headed.
After pessimistic forecasts in September and October, the final index of the year sees directors up their rating—with caveats.
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.
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