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Fortune
Fortune
Marco Quiroz-Gutierrez

CEOs haven't felt this pessimistic about American business conditions since spring 2020, when the deadly coronavirus sent everyone home from work

(Credit: Annabelle Gordon—The Washington Post via Getty Images)
  • CEOs are sounding the alarm on the economy, giving it the lowest rating since the onset of the pandemic in the spring of 2020, according to Chief Executive’s U.S. CEO Confidence Index. Just under half of the 220 CEO respondents also expect a recession to come in the next six months. This pessimism comes as markets teeter near correction territory following Trump’s mixed messages on the economy and tariffs.

CEOs are already feeling the pain of President Trump’s policies, and they’re more pessimistic about the state of the economy than they have been since the pandemic.

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