Thread by @macrodailyco

@PwC @PwCUS just released their 2023 Annual Global CEO Survey — here's a thread of the top takeaways from the survey, including the fact that "40% of CEO's don't think their companies will be 'economically viable' in the next 10yrs"... 🧵/👇🏼

#macro #Stockmarket #DataAnalytics

1/🧵 "Roughly 40% flagged the transition to new energy sources and supply chain disruption." @PwC @PwCUS

#macro #Stockmarket #DataAnalytics #commodities #supplychainmanagement #tech

2/🧵 "#inflation and #macroeconomic volatility stand out more prominently than other key threats in the next 12 months than over the next five years." @PwC @PwCUS

#macro #Stockmarket #DataAnalytics #commodities #supplychainmanagement #tech #CPI

3/🧵 "Nearly three-quarters of CEOs responding to this year’s survey project that global economic growth will decline over the next 12 months." ⚠️🚩 @PwC @PwCUS

#macro #Stockmarket #DataAnalytics #commodities #supplychainmanagement #tech #CPI #recession #GDP

4/🧵 "In general, CEOs are more confident about their 3yr revenue growth prospects compared to the shorter term. Still, the near-term revenue outlook is weak, particularly for CEOs in the #realestate & #privateequity who are feeling effects of rising capital costs." @PwC @PwCUS

@PwC @PwCUS 5/🧵 "In response to near-term economic challenges, CEOs say they are taking actions to spur revenue growth and cut costs, without delaying strategic M&A initiatives." @PwC @PwCUS

#macro #Stockmarket #DataAnalytics #commodities #supplychainmanagement #tech #CPI #recession #GDP

6/🧵 " Interestingly, although 52% of CEOs say they have already begun cutting costs, just 19% are implementing hiring freezes, and 16% are reducing the size of their workforce." @PwC @PwCUS

#macro #Stockmarket #DataAnalytics #recession #earnings #JobsReport #unemployment

7/🧵 "The growing emphasis on national interests over global ones represents an acceleration of trends that have been underway for some time." @PwCUS @PwC

#macro #geopolitics #Economics #supplychainmanagement #DataAnalytics

8/🧵 "CEOs who say they are exposed to geopolitical risk are taking action, with nearly half increasing their investments in #cybersecurity or data privacy, adapting supply chains or adjusting their geographic footprint." @PwCUS @PwC

#StockMarket #DataAnalytics

9/🧵 "Technology investments are a top priority: around three-quarters of companies are focused on automation, upskilling, and deploying advanced technologies such as AI." @PwCUS @PwC

#tech #AI #automation #DataAnalytics #cybersecurity #StockMarket

10/🧵 You can check out the full @PwCUS @PwC 2023 Annual Global CEO Survey here:

pwc.com/gx/en/issues/c…