CMOs See Inflation, Labor Shortages As Key Impediments To Growth

More than 90% of CMOs surveyed by the consulting firm ChiefOutsiders said inflation was one of their top three concerns as rising prices test the spending power of customers. Amid concerns that the U.S. economy will slow down and lead to higher unemployment, CMOs are surprisingly concerned about labor shortages., with four out of five ranking talent and labor issues as a top three concern for 2023.