Survey members polled by the National Association of Business Economics (NABE) have reportedly indicated the likelihood the United States is already in recession or will fall into one this year has declined over the past three months to 56% from about two-thirds possibility.
“Respondents report the biggest downside risks to their outlooks are higher interest rates and costs, while the biggest potential upside risks are lower interest rates and costs, as well as increased labor force participation and improved supply chains,” NABE said in a release.
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