CFO Survey: 31 Percent Chance of U.S. Recession; Significant Workforce Reductions at $15 Minimum Wage
Duke University, Fuqua School of BusinessThere is about a one-third chance of many major economies being in recession at year-end 2016, including the U.S., Mexico, France, Nigeria, Japan and China, a new survey of chief financial officers finds. More than half of Brazilian, South African, Greek, Russian and Portuguese financial executives polled believe their economies will enter or remain in recession by year-end.