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Home / Business and Economy / CEOs' Revenue Confidence Hits 5-Year Low

CEOs' Revenue Confidence Hits 5-Year Low

20 Jan

•

Summary

  • Few CEOs feel confident about next year's revenue growth.
  • CEOs worry about political events, cyber threats, and tech change.
  • AI adoption shows a split between companies seeing gains and those not.
CEOs' Revenue Confidence Hits 5-Year Low

A recent survey reveals a significant downturn in CEO confidence regarding future revenue growth, reaching its lowest point in five years. Only three out of every ten chief executives surveyed expressed optimism about their companies' prospects for the upcoming year. This sentiment reflects widespread uncertainty among business leaders.

CEOs are navigating a complex landscape of global political developments, escalating cyber threats, and the profound impact of technological advancements on their industries. Concerns about trade tariffs and the pervasive threat of cyber risk are prominent, with a substantial portion of leaders identifying these as major challenges impacting their businesses.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
As of late last year, only three in ten CEOs surveyed by PwC were confident in their companies' revenue growth prospects for the next year.
CEOs are most concerned about global political developments, increased cyber threats, and the implications of rapid technological change.
There is a sharp divide: 56% of companies haven't seen financial benefits from AI yet, while 33% report gains in costs or revenue.

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