The U.S. economy will slow next year, then fall into a recession the following year, according to ITR Economics, an economic forecaster.
“We’re still calling for more of a slowing growth cycle in 2023, but the original soft landing that we were calling around the end of 2023 now looks like it’s turning into a hard landing in 2024,” Patrick Luce, an economist with ITR, told The Epoch Times.
