When will recession come again?
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A recession is unlikely in 2020, but possible. The economics profession did not predict most past recessions, so the absence of a downturn in current forecasts cannot be too comforting to business leaders planning operations for the upcoming year.
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The NABE survey, conducted from July 14 to August 1, found that 2% of the 226 economists who responded to the survey expected a recession to begin this year; 38% expect it to begin in 2020. Thirty-four percent expected a recession to start in 2021, while 14% said it would start later than .
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