WSJ Survey: Probability of Recession Down Sharply, But Will Feel Like Recession for Many [View all]

[Quixote1818]

If we can avoid a recession this year I think Biden wins even though things aren't perfect. Trump is a flawed candidate.


You have to scroll down a lot:

— Probability of a recession is down sharply, according to WSJ’s latest survey of economists — but for a lot of people it’s still going to feel like a recession. Business and academic economists surveyed by the WSJ lowered the probability of a recession within the next year, to 39% from 48% in the October survey (link). Still, economists on average expect the economy to grow just 1% in 2024, about half its normal long-run rate, and a significant slowing from an estimated 2.6% in 2023.

More: https://www.profarmer.com/news/policy-update/wsj-survey-probability-recession-down-sharply-will-feel-recession-many