Majority Of Economists in Survey See Recession As Likely [TheStreet.com]
Coca-Cola Company (The) (KO)
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Source: TheStreet.com
The National Association of Business Economics (NABE) Business Conditions Survey for January, which polled 60 business economists, contained some downbeat results. Profit margins remain under pressure, registering a -25 net rising index (NRI) in the survey, down from -10 in the October. NRI measures the percentage of panelists reporting rising profit margins minus the percentage reporting falling profit margins. This is the worst reading since mid-2020. To be sure, the outlook for profit margins over the next three months is higher, with an NRI of -7, up from -17 in October. As for their outlook on the economy, slightly more than half of respondents put the possibility of a over the next year at 50% or higher. Higher interest rates and costs are the biggest threats, the economists said. But the upside possibilities are lower interest rates and costs, increased labor force participation and improved supply chains. Economists Have Job Concerns In addition to the recessionary fear,
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- GroundForce Capital Appoints Eric Desai as Partner to Lead B2B Investments Tied to the Food System [Yahoo! Finance]Yahoo! Finance
- Carlos Pagoaga to be Named President of The Coca-Cola Foundation [Yahoo! Finance]Yahoo! Finance
KO
Earnings
- 4/30/24 - Beat
KO
Sec Filings
- 5/10/24 - Form 144
- 5/10/24 - Form 4
- 5/9/24 - Form 144
- KO's page on the SEC website