American companies lack confidence, and a recession is not far off
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The CEO confidence index of American companies has fallen to its lowest level since the 2008 financial crisis. The Morgan Stanley report indicates that its changes are significantly related to economic recession. In October 2007, the CEO confidence index first fell below 5, and three months later, the U.S. economy officially entered a recession. Before April 2, 2025, the CEO confidence index has declined again, showing that corporate executives' concerns about the economic outlook have intensified
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