NFIB Weekly News

NFIB Weekly News Business Climate

Survey Of Economists: Likelihood Of Recession In Next 12 Months Has Increased (08/13/2019)

Bloomberg (8/8, Saraiva) reported that according to an August survey of economists, “the likelihood of a U.S. recession in the next 12 months rose to 35%...from 31% forecast previously, as global trade tensions fuel economic uncertainty.” However, despite the increase “in recession odds, economists still see fairly healthy growth.”