Finance chiefs still think an economic downturn is coming, but not until 2020, finds the first-quarter Duke/CFO Global Business Outlook Survey.
Views of demand for products and services are dramatically different than they were a year ago, a study shows.
U.S. retail sales in the all-important holiday month recorded its biggest drop in more than nine years.
But the unemployment rate rose to 3.9% as more U.S. workers joined the labor force.
Nearly half of U.S. CFOs think the nation’s economy will enter a recession by the end of 2019, finds the fourth-quarter Duke/CFO Outlook Survey.
Management teams that develop a plan and prepare now will enter a recession with confidence and can emerge stronger.
Investor relations professionals should prepare for what's eventually inevitable: a reversion to the mean for stock prices.
"The coming months will continue to enjoy tailwinds from fiscal policy while monetary policy remains supportive of growth," says an S&P economist.
More workers were hired and many put in more hours, but overall they produced less, said the Labor Department.
