Corporate controllers in the nation are predicting 1989 will be a year of economic gloom, with 65 percent predicting a recession.

The prediction came in the quarterly survey from the National Association of Accountants of its 3,200-member Controllers Council. Twelve percent of the 65 percent are predicting a major recession next year. They are not predicting a recession for this year.The controllers rated three factors as having most significance to the economy during the next six months, in order: the budget deficit, interest rates, and the value of the dollar.

Most of the controllers predicted a 4 percent to 5 percent inflation rate in the next 12 months, with 7 percent predicting a 6 percent rate and 2 percent forecasting a 7 percent rate.

Just under half - 45 percent - of those surveyed expect no change in interest rates this year; 38 percent expect rates to increase; 17 percent predit a decrease. For the longer term, 45 percent expect rates to remain the same, 35 percent expect an increase and 20 percent expect a decrease.

Responding to how the corporate controllers reacted to the Oct. 19 stock market decline, 35 percent said they cut expenses, 14 percent said they cut

investments, 13 percent said they were reducing staff, 9 percent said they were considering mergers and acquisitions, 5 percent said they were using stock buy-backs, and only 19 percent said they did nothing.

With 85,000 members, NAA is the world's largest organization of management accountants and financial managers.