Monday, February 6, 2023
HomeeconomyEconomists are divided on the risk of a U.S. recession. And the...

Economists are divided on the risk of a U.S. recession. And the jobs data isn’t helping

  • Academics and analysts have told CNBC a recession is everything from inevitable to unlikely over the last month.
  • The continued debate reflects a split over whether to focus on falling GDP in real terms, or strength in personal spending and the job market.
  • "We live in a period of multiple shocks – from Covid-19 over energy prices to political deglobalization – which make predictions extremely difficult," one economist said.

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