Economists still see 50% chance of a recession this year
Fox Business An overwhelming majority of business economists still see a 50–50 chance the U.S. economy goes into a recession within the next year, according to a new survey published by the National Association for Business Economics.
About three-quarters of respondents, 71%, reported the odds of an economic downturn within the next 12 months is about 50% or less. That marks a sharp reversal from April, when about 44% projected a more than 50% chance of a recession within the year.