Optimism is falling among German Mittelstand leaders, with nearly six in ten (59%) expecting a recession in 2023, and more are feeling pessimistic about the global (24%) and national (28%) economy compared to last year, according to J.P. Morgan’s third annual Germany Business Leaders Outlook survey released today.

German Mittelstand Leaders Brace for Recession While Finding Ways to Adapt to Ongoing Business Challenges, Third Annual J.P. Morgan Survey Finds

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