The U.S. is likely to fall into recession in 2023, says survey of economists

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The U.S. is likely to fall into recession in 2023, says survey of economists
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A third of economists see the NBER’s recession call holding off until the second half of next year, while about 40% see it during the first or second quarters of 2023.

A U.S. recession is all but unavoidable for next year, according to a majority of leading economists in a new poll.

The Atlanta Fed’s GDPNow forecast now sees economic growth in the second quarter coming in at 0.9%, following a 1.5% contraction during the first quarter.

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