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mmayr

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mmayr

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Monday, 08/19/2019 10:24:35 PM

Monday, August 19, 2019 10:24:35 PM

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74% of economists in survey see US recession by end of 2021

"WASHINGTON (AP) — A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. by the end of 2021.

The economists surveyed by the National Association for Business Economics, in a report released Monday, mostly didn’t share Trump’s optimistic outlook for the economy, though they generally saw recession coming later than they did in a survey taken in February. Thirty-four percent of the economists surveyed said they believe a slowing economy will tip into recession in 2021. That’s up from 25% in the February survey."


Source: https://apnews.com/3d77bbfda266497699554a754c124735

Economics by Following the Money ~ Globally & Nationally on Twitter @Conan644

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