Optimism Among US Business Leaders Drops to New Low Amid Rising Inflation, Supply Issues, Labor Shortages

Optimism Among US Business Leaders Drops to New Low Amid Rising Inflation, Supply Issues, Labor Shortages
A man shops at a Safeway grocery store in Annapolis, Maryland, on May 16, 2022. Jim Watson/AFP via Getty Images
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Optimism among business leaders regarding the outlook of the U.S. economy has drastically declined in the past year, according to JPMorgan’s 2022 Business Leaders Outlook Pulse, released Monday.

More than 1,500 midsize business leaders participated in the survey (pdf), which was conducted between May 25 and June 10 across executives of midsize companies in the United States that have annual revenues from $20 million to $500 million.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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