Despite Positive Signs Recession is Lurking
CEO North America / October – November 2022
As inflation reaches another multi-decade high and we see an aggressive monetary tightening policy from the Federal Reserve, the U.S. economy is still struggling as recession fears are mounting.
Amid the ongoing war in Ukraine, the winter months are expected to hit hard – and not only in Europe, with energy prices spiking and renewed supply-chain problems changing the way companies are doing business.
As the world is struggling to fully overcome the effects of the Covid pandemic, finding new providers and ways to remain competitive in a volatile environment have become the main challenges for many companies.
Although high inflation and poor growth are likely to continue for the rest of the year, at CEO North America we believe that economic uncertainty peaked in the first half of 2022. The U.S. economy is showing positive signs, as employment growth remains strong, consumer spending looks positive, and several measures of economic activity are advancing.
Companies across the U.S. are assessing these upward trends in the economy to strategize for the next year. Planning and executing a business plan in a volatile market appears to be the ‘new normal’ today. And those who can adapt faster to this changing landscape will have a greater opportunity to grow.
The Editors
In Depth Interviews with…
Adena Friedman, President & CEO, Nasdaq – Page 52
Roger Perreault, President & CEO, UGI Corporation – Page 58
Daniel Ek, CEO, Spotify – Page 86
Kevin McMillen, President & CEO, Yokogawa Corporation of America – Page 94
Rich Nelsen, CEO, VASA Fitness – Page 102
You can also read our previous Issues of CEO North America.
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