🚨US CEOs' confidence is falling at a record pace

Are more layoffs coming in the US?

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The Conference Board Measure of CEO Confidence tumbled 26 points in Q2, to 34, the lowest since Q4 2022.

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This is the largest quarterly drop since 1976 when the survey began.

A reading below 50 points means that more CEOs' responses were negative about business and industry conditions than positive.

84% of 133 CEOs said economic conditions were worse than 6 months ago, up from 11% in Q1 2025.

64% of executives expect economic conditions to deteriorate over the next 6 months, up from 15% in Q1 2025.

83% of surveyed CEOs expect a recession over the next 12-18 months, in line with 2022 levels. 12% expect a deep US recession with material global spillover.

The sentiment is historically low. Should we expect massive layoffs in the world's largest economy?

The US job headline numbers are overstated

The US labor market continues to deteriorate under the surface

globalmarketsinvestor.beehiiv.com/p/the-us-job-headline-numbers-are-overstated

The US economy shrank in Q1 2025, but is this really that bad?

Is the US economy in a recession?

globalmarketsinvestor.beehiiv.com/p/the-us-economy-shrank-in-q1-2025-but-is-this-really-that-bad

Financial distress is rising among US households

US consumer spending is near a tipping point

globalmarketsinvestor.beehiiv.com/p/financial-distress-is-rising-among-us-households

The Fed is in no hurry to slash interest rates

The central bank is in "wait and see" mode amid historic economic uncertainty

globalmarketsinvestor.beehiiv.com/p/the-fed-is-in-no-hurry-to-slash-interest-rates

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