US recession in 6 months? PwC survey's shocking revelation on economic turmoil sounds alarm

US recession: Business executives have weighed in on US recession in the recent PwC pulse survey has sounded alarm. While key indicators are moving in the right direction, particularly inflation and lower interest rates, executives responding to our survey aren’t convinced the US economy is out of the woods just yet, the survey states. It has attributed the fears of US recession to geopolitical tensions, concerns about a slowing labour market, uncertainty about the election among others.