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Most C-suite executives at enterprise companies are bearish about the United States economy, according to recent research from West Monroe.

The report was based on a quarterly poll of at least 250 C-Suite executives. This edition of the poll was conducted between April 22-30, 2022. To be included in the survey, respondents needed to have a C-level title at a company with at least $500 million in annual revenue.

Some 55% of executives surveyed say they are bearish about the prospects for the US economy and 44% say they are bullish.

CFOs and executives located in the Midwest are especially bearish about the economy.

Executive economic outlook for Q2 of 2022

C-suite executives say they are feeling the impact of inflation most on wages (70% cite) and recruiting/talent retention (58%).

 

Inflation's biggest impacts on Q2

Respondents say they are struggling to recruit talent at all levels. Recruiting front-line workers and back-office workers is most difficult.

Most challenging areas of recruiting talent for Q2 2022

C-suite executives say their biggest struggles with hybrid work are maintaining a company culture (70% cite) and bringing employees back on-site (56% cite).

Most challenging areas of hybrid work for Q2 2022

About the research: The report was based on a quarterly poll of at least C-Suite executives. This edition of the poll was conducted between April 22-30, 2022. To be included in the survey, respondents need to have a C-level title at a company with at least $500 million in annual revenue.

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ABOUT THE AUTHOR

image of Ayaz Nanji

Ayaz Nanji is a digital strategist and a co-founder of ICW Media, a marketing agency specializing in content and social media services for tech firms. He is also a research writer for MarketingProfs. He has worked for Google/YouTube, the Travel Channel, AOL, and the New York Times.

LinkedIn: Ayaz Nanji

Twitter: @ayaznanji