Lower Likelihood of Recession for US Economy: Expert Survey

Lower Likelihood of Recession for US Economy: Expert Survey
Work crews construct a new hotel complex on oceanfront property in Encinitas, Cali., on Nov. 26, 2019. Mike Blake/Reuters
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

Some two dozen top economists told Bankrate in a Q4 poll that there was a 35 percent chance of a recession in 2020, compared to a 41 percent chance expressed in a similar Q3 survey.

The findings of Bankrate’s Fourth-Quarter Economic Indicator survey show that the experts, mostly chief economists and senior executives of financial institutions, are currently more optimistic about next year’s economic prospects than a similar cohort of respondents was last quarter.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
twitter
Related Topics