by Controllers Council | Feb 26, 2024 | Controller Insights, Economics/Economy
The term “recession” is often treated like a dirty word in the world of corporate finance. That should come as no surprise, as a recession typically means higher interest rates, tighter budgets, and decreased growth opportunities. While experts aren’t predicting a...
by Controllers Council | Oct 31, 2022 | CFO Insights, Crisis Management, Economics/Economy
A recession is expected in North America by 2023, but are CFOs more afraid of recession or inflation in this country? A recession is a significant, widespread, and prolonged downturn in economic activity. Inflation is a rise in prices, which can be translated as the...
by Hannah Wozniak | Apr 8, 2022 | Accounting, Corporate Finance
In February, the Bureau of Labor Statistics reported that prices increased by 7.5% YoY. That is the highest level of inflation that the country has experienced in 40 years. In March, the bureau reported an even higher 8.5% inflation compared to last year. Inasmuch as...
by Controllers Council | Mar 11, 2022 | Controller Insights, Economics/Economy, Financial Forecasting
Inflation has dominated the news in recent months, as costs for items such as gas, food, and other staples have increased by percentages unseen in decades. A recent study shows that three out of four economic forecasters believe that inflation is causing a wage-price...
