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The majority of economists do not expect a recession in the next 12 months, a new NABE survey found.

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  • A 91% majority of economists surveyed by NABE see a US recession as unlikely in the next 12 months.
  • That's up from 79% in October and a sharp turnaround from a year ago.
  • Consumer sentiment jumped in January, inflation has cooled, and the labor market remains robust.

The vast majority of economists see a recession as unlikely in the next year, according to the latest survey from the National Association of Business Economics.

New results out Monday showed 91% now assign a probability of 50% or less for a slowdown in the next 12 months. 

Tags
economy, economy, Markets, consumer-sentiment, Recession, recession-outlook, Economists, NABE, Investors, federal-reserve, Inflation, interest-rates, rate-cuts
Source
A year ago most economists expected a recession. Now 91% say otherwise.