PwC’s October 2024 Pulse Survey discovered executives were anticipating economic, political and regulatory risks ahead, regardless of the 2024 U.S. presidential election results.
Despite the Federal Reserve’s recent interest rate cut and falling inflation, 61 percent of survey respondents believe the U.S. economy will experience a recession in the next six months, up from 49 percent in the PwC’s survey conducted in June. This is due to geopolitical tensions, concerns about a slowing labor market, uncertainty surrounding the election, a distracted electorate, and consumers being squeezed by higher costs.
When it comes to policy risks, executives cite U.S. economic policy as the biggest risk, with 75 percent agreeing that a 10 percent universal tariff on imports, as was proposed by President-elect Donald Trump, would significantly hinder their growth. Executives also view trade and foreign relations as policy risks under Trump.
Cyber threats continu
