Economists Split On Whether U.S. Is Headed For Recession

Experts can’t seem to agree on whether or not the U.S. is headed for a recession.

A recent Bloomberg poll of economists gave the U.S. a 47.5% chance of recession by next year.

A Reuters poll had similar results, at 45%.

For some, it depends on which numbers you look at – the declining GDP suggests a recession is imminent, but low unemployment and high demand for jobs suggests otherwise.

Economists are divided on the risk of a U.S. recession. And the jobs data isn’t helping https://t.co/PHZEopMQHj

— CNBC (@CNBC) September 5, 2022