Economy Watch: US View—December 2022

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Economy Watch: US View—December 2022

Pages:7 pages5 min read

Author: Conference Board Inc.


A mild US recession is likely to begin in early 2023

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The Conference Board forecasts that US economic weakness will intensify and spread more broadly throughout the US economy over the coming months with a recession to begin around the beginning of 2023. This outlook is associated with persistent inflation and rising hawkishness by the Federal Reserve.

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