According to an article by Newsweek,  almost half of corporate CFOs  (49 percent) say that the U.S. economy's decade-long growth streak is set to collide with worsening debt woes. And that will manifest with the country facing a recession by the end of next year. Corporate finance leaders are preparing for the recession to hit within 18 months, and 82 percent of CFOs interviewed in the latest quarterly Duke University/CFO Global Business Outlook survey expect the U.S. to slide into a recession by 2020.

This survey was completed on December 7 of this year and consisted of responses gathered from more than 500 CFOs, including 226 from North American companies.

"The end is near for the near-decade-long burst of global economic growth," said John Graham, a finance professor at Duke University's Fuqua School of Business and director of the survey, in a statement.

"The U.S. outlook has declined; moreover, the outlook is even worse in many other parts of the world, which will lead to softer demand for U.S. goods."