Top economists do U-turn on recession forecasts as most now see it as unlikely in next year

• A 71% majority of economists put the odds of a recession in the next 12 months at 50% or less.
• That's according to a survey by the National Association for Business Economics.
• It's a turnabout from a March, when a majority saw a recession sometime in 2023. 

Top economists have reversed their recession forecasts, with most now doubtful that one will occur in the year ahead.

A 71% majority of economists put the odds of a recession in the next 12 months at 50% or less, according to a survey by the National Association for Business Economics.