Majority Of CEOs Fear Persistent Global Slowdown, Most Since 2009
PricewaterhouseCoopers’ (PWC) Annual Global CEO Survey has revealed that pessimism among more than half of the CEOs surveyed across the world are bearish on the global economy.
PWC surveyed 1,581 chief executives in 83 territories, found 53% projected a decline in the rate of global economic growth this year. Only 27% of CEOs are “very confident” that 2020 will turn out to be a prosperous year. The number of bearish CEOs is at the highest level since 2009.