Experts are at odds over when a recession might occur. On the whole, they're expecting one. But timing is the question. Well, one of many, to be accurate.
'The National Association for Business Economics (NABE) recently released the February 2023 edition of its regular Outlook survey, in this case of 48 professional economic forecasters.
"Results of the February 2023 NABE Outlook survey continue to reflect significant divergence regarding the outlook for the U.S. economy," an organization release quoted NABE founder and President Julia Coronado, who is also president and founder of MacroPolicy Perspectives LLC, as saying. "Estimates of inflation-adjusted gross domestic product or real GDP, inflation, labor market indicators, and interest rates are all widely diffused, likely reflecting a variety of opinions on the fate of the economy—ranging from recession to soft landing to robust growth."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.