Over 60% of CEOs Expect U.S. Recession Within Six Months

A recent survey conducted by Chief Executive reveals that 62% of U.S. CEOs anticipate a recession within the next six months, a significant rise from 48% in March. This growing pessimism among over 300 executives is largely attributed to President Trump's tariff policies, with 75% of respondents believing these tariffs will negatively impact their businesses in 2025. The survey indicates a drastic decline in CEO confidence, with a rating of just 4.6 out of 10 for current business conditions, the lowest since the onset of the COVID-19 pandemic. Many business leaders express that the uncertainty surrounding tariffs is complicating decision-making processes, prompting forecasts of reduced hiring and profit expectations. The overall outlook for revenues and profits has worsened, with 44% expecting revenue drops and 48% anticipating profit declines. This sentiment reflects a broader concern regarding the stability of the U.S. economy amidst ongoing trade tensions and policy changes.