More than 60% of Wisconsin bank CEOs say a recession is likely or very likely in the next six months, according to survey results from the Wisconsin Bankers Association.

The survey was conducted May 24 to June 10 with 56 respondents, including 45% who said a recession is likely and 16% who said a downturn is very likely.

The WBA’s two previous surveys – conducted at the end of 2021 and a year ago – did not ask the same question about an upcoming recession, but CEOs were asked what they expected the Wisconsin economy to do over the next six months.

Click here to read the full article.