A majority of Wisconsin bank CEOs no longer see a recession as likely within the next six months, a dramatic shift from earlier this year, according to the latest survey from the Wisconsin Bankers Association.
In the WBA’s mid-year survey, 56% of respondents said a recession was likely in the next six months and another 15% said it was very likely for a total of 71%. By comparison, in the end of 2022 survey, 87% of respondents said a recession was likely or very likely in the next six months.
However, in the most recent survey, conducted Nov. 14 to Nov. 29 with 66 respondents, just 9% said a recession was very likely and 32% said one is likely.
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