The Goldman Sachs headquarters in New York.
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According to a survey published on Monday, a growing majority of America now expects America to enter a recession in the near future in the near future.
According to Chief Executive, an industry group that conducts the survey, 62% of the more than 300 CEOs in April in April stated that it was a recession or another economic downturn in the next six months. This has risen from 48% that said the same in March.
Chief Executive data underline the growing concern within the Corporate America in the future of the US economy. The fears of an upcoming recession have had a boiling point in the past two weeks when President Donald Trump's on-off-off tariff tariff policy increased volatility on the financial markets and panicked in some consumers.
Indeed, around three quarters of the CEOs surveyed, said that the tariffs would harm their business in 2025. About two thirds said they had not supported Trump's proposed taxes, many of which are currently pausing.
Business fear of managers
The monthly survey, which has been operated since 2002, contains several data points that draw a supervised picture of how America's leading managing directors look at the economy.
An index of the views of the CEOs on current terms and conditions fell 9% in April and continued his decline after falling 20% ​​in the previous month. The measure has now been at the lowest level since the first few months of pandemic in 2020.
From March, the CEOs recorded their perspective in the prediction of terms and conditions that predicted one year outside the year. Nevertheless, these measured values ​​have been the lowest since the end of 2012 and drove around 29% from the end of 2024.
The survey showed that more than four out of five predecessor project costs for managers will compete this year, which is not surprised in view of the ongoing negotiations on import taxes between the White House and abroad. Around half predicts that their percentage increase in expenses in the double -digit range are.
In this sense, only 37% stated that the profits of their companies would increase. This is a steep decline in 76%that gave this answer in January.
Of course, Chief Executive's data record contained some bright spots. A little more than half of the respondents stated that they improve the terms and conditions next year, which has found an increase in 39% increase in a month earlier.
Many CEO may also receive a tariff. On Friday, Trump announced that smartphones and PCs would be freed from the duties, although the Minister of Commerce Howard Lutnick said on Sunday that these exceptions would be temporary.
Chief Executive data comes because the US economists flashed with the warning signs of the country's economic future.
JPmorgan Chase CEO Jamie Dimon said on Friday that he would expect earnings estimates for S&P 500 Companies fall through Trump's taxes due to uncertainty. Also on Friday, Black rock CEO Larry Fink warned that the US economy may have already been negatively weakened to growth.
“I think we are very tight now, if not in a recession,” said Fink on CNBCS “Squawk on the Straße”.