Rising input costs, consumer behavior changes, and supply chain logjams continue to challenge
businesses. The Russia–Ukraine war and recent China COVID-19 restrictions only fuel uncertainty in
the marketplace despite the Fed’s efforts to rein in inflation with hope of avoiding a full-on recession.

Is a recession looming?

A recent Conference Board survey revealed recession expectations are high, with 75% percent of CEOs globally either anticipating a recession in their primary region of operation within the next 18 months or indicating a recession is already here. Businesses must take measures to ensure their viability and success throughout the challenges ahead.