The Economy

U.S. Recession Chances Double: CFOs (Video)

John Graham of Duke University discusses the results of the first quarter's Duke University/CFO Global Business Outlook Survey.
CFO StaffMarch 10, 2016

U.S. CFOs, on average, believe there is a 31% chance that the U.S. economy will be in recession by year-end 2016, double the 16% chance predicted just nine months ago, according to the latest Duke University/CFO Global Business Outlook survey. The executives say the biggest risk factors to cause recession are the slowdown in China (59% of CFOs assign China as a significant risk), political turmoil in the United States (53%), a stock market decline (50%), and the price of oil (40%).

In the above video, John Graham, finance professor at Duke’s Fuqua School of Business, also discusses minimum wage hikes and economic outlooks for Europe, Latin America, and Asia.

Drive Business Strategy and Growth

Drive Business Strategy and Growth

Learn how NetSuite Financial Management allows you to quickly and easily model what-if scenarios and generate reports.