Wed, Aug 2nd, 2023 - 4:14pm
February 28, 2023 - 1:00pm | By Kyle Cornell
(Washington, DC) -- Top economists are divided on where the U.S. economy is heading this year as inflation remains high and job growth stays robust.
The latest National Association for Business Economics survey shows a "significant divergence" among respondents on the outlook of the economy.
However, a majority of economists surveyed believe there will be a recession this year.
Inflation is expected to stay above the Federal Reserve's target rate of two-percent, although economists expect inflation to slow over the course of 2023 and 2024.
