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JPMorgan Chase’s top US economist said Friday he no longer expects a recession this year. Noting that projections for third-quarter data suggest the economy is The U.S. economy making a soft landing seemed like a moonshot less than a year ago, but it’s now a distinct possibility, according to economists and analysts. Hace 4 días J.P. Morgan Research has reduced the probability of a U.S. and global recession occurring in 2025 from 60% to 40%. However, a period of sub-par growth could lie ahead NEW YORK (AP)Most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under the weight of (Reuters) - The U.S economy should avoid a recession in the coming year, according to an increasingly large majority of economists polled by the National Association of The U.S economy should avoid a recession in the coming year, according to an increasingly large majority of economists polled by the National Association of Business

Analysts Increasingly Sure: US Economy to Avoid Recession in 2024 and Beyond

The consensus is shifting: analysts are increasingly confident that the U.S. economy will avoid a recession. What once seemed like a distant hope is now a growing expectation. The U.S. economy making a soft landing seemed like a moonshot less than a year ago, but it’s now a distinct possibility, according to economists and analysts.

Several factors are contributing to this more optimistic outlook. Strong consumer spending, a resilient labor market, and easing inflation are all playing key roles.

Key Indicators Point Away from Recession

(Reuters) - The U.S economy should avoid a recession in the coming year, according to an increasingly large majority of economists polled by the National Association of Business. This sentiment reflects a growing confidence across the financial landscape.

JPMorgan Chase’s top US economist said Friday he no longer expects a recession this year. Noting that projections for third-quarter data suggest the economy is showing surprising strength. This revision is a significant shift from earlier predictions, further bolstering the no-recession narrative.

Reduced Recession Probability for 2025

Hace 4 días J.P. Morgan Research has reduced the probability of a U.S. and global recession occurring in 2025 from 60% to 40%. While challenges remain, the overall outlook is improving. However, a period of sub-par growth could lie ahead, even if a full-blown recession is avoided.

Economists' Optimism Grows

NEW YORK (AP)Most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under the weight of [higher interest rates]. This cautious optimism acknowledges potential headwinds but maintains a positive overall forecast.

The US Economy Shows Resilience

The U.S economy should avoid a recession in the coming year, according to an increasingly large majority of economists polled by the National Association of Business Economists, indicating a strong and resilient economic outlook for the coming months.

While vigilance remains crucial, the evidence suggests that the U.S. economy is on a path to continued growth, albeit potentially at a slower pace. The previously feared recession appears increasingly unlikely.

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