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Economy
Job seekers at a job fair are standing in a line
Job seekers are at a job fair in Florida in 2023.

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  • Economists place the odds of a recession this year at around 40% — the lowest since January 2022, a new Bloomberg survey found.
  • Respondents lifted their forecasts for GDP, consumer spending, private investment, and government expenditures compared to a survey last month.
  • They expect unemployment to peak at 4.1% later this year, down from the 4.2% seen last survey.

Economists are feeling more optimistic about the US economy.

In a new Bloomberg survey, economists place the odds of a recession this year at around 40% — the lowest since January 2022.

Tags
economy, recession-outlook, us-economy-outlook, job-market, Unemployment, Economists
Source
Economists are the most skeptical they've been since 2022 about a recession str…