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Fifty-Fifty Recession Risk in Business Confidence Survey
Washington AP The Business Confidence Survey by Gallup and the U S Chamber of Commerce finds a 50 percent chance of recession within two years and a 13 percent chance in the next 12 months, based on October November polling of about 5200 businessmen from over 2040 polled. Execs see inflation and unemployment handling poorly but remain optimistic about long term gains and profits. Consumers are more pessimistic than businessmen, while small businesses see a brighter long term outlook than large firms.
MENTIONED IN THIS ARTICLE
Washington (Ap
Gallup Economic Service
U.S. Chamber of Commerce
Orey
Garter Administration
Congress
Gallup
Way — Schmiedeskamp
Gallup Organization
U.S
Sack Carlson
Chamber of Commerce