In Q4 2021, CEO economic outlook rose to its highest level in 20 years, with increased sales and capital spending expectations.1 Despite this positive perspective, four nagging concerns remain.

1. Mitigating Rising Inflation
   At seven percent, inflation is the highest it’s been in 31 years.2 Seventy-seven percent of U.S. executives are worried about the impact to their businesses.3
   
   
2. Hiring Skilled Workers
   The labor shortage is stressful to business leaders. So much so that 73% say it will disrupt their business in the next 12 months.4 But CEOs aren’t just concerned about hiring. With so many business challenges, 72% are afraid they’ll lose their jobs.5
   
   
3. Tackling the COVID-19 Crisis
   Though vaccines and treatments are available, the pandemic continues to rage. Emerging variants are of great concern to 70% of executives, as they grapple with the risks to the economy, the workplace, and staff.6
   
   
4. Managing Supply Chain Woes
   The COVID-19 pandemic upended supply chains. In 2021, businesses of all types – from automotive, to builders, to retailers – struggled to get much-needed supplies and inventory. Supply chain management is costing businesses 15% more than before the outbreak7 and 69% of CEOs are worried about ongoing bottlenecks.8

See how we can help you overcome obstacles to your profitability. Contact a Synovus Business Banker or your Relationship Manager today.