Economy Watch: US View (July 2022)

The Conference Board, Inc., 8 pages, August 26, 2022
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The US economy is not in recession yet, but likely will be later this year.

Document Highlights

The Conference Board forecasts that US economic growth will slow over the course of this year and a shallow recession will occur in late 2022 and early 2023. Persistently high inflation is driving a rapid monetary policy tightening that will trigger a recession.

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