Employers
Economists Are Cutting Back Their Recession Expectations
Wall Street Journal (07/15/23) Torry, Harriet; DeBarros, Anthony Economists are dialing back recession risk expectations due to easing inflation, a strong labor market, and economic resilience, according to a survey of 69 economists by the Wall Street Journal. Economists lowered the probability of a recession in the next 12 months to 54% from 61% in the prior two surveys. Forecasters said gross domestic product would
July 15, 2023