Like a lot of us, CEOs are done talking about recession

References to recession on S&P 500 earnings calls are, well, receding. 

That’s according to new reporting from Bloomberg, with data showing that CEOs at America’s top companies have mentioned “recession” (and related synonyms) just 273 times on calls this quarter, down from a whopping 862 in Q1 this year.

As we move further into the year, analysts, investors, and now CEOs all seem to be sharing a brighter outlook on the wider economic picture — the collective fears of economic contraction assuaged by rising stocks, optimism about rate cuts, a bumper earnings season, and the cheery realization that “hey, maybe tariffs don’t definitely mean a recession’s around the corner.”

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