ABC Economist Predicts Recession for Late 2024
April 15, 2024
Despite a stack of evidence to the contrary, Associated Builders and Contractors Chief Economist Anirban Basu sees continued room for pessimism in his 2024 economic outlook. According to his forecast, a recession is forthcoming in very late 2024. Having maintained that pessimistic outlook for the past couple of years, Basu has acknowledged that he’s likely going to be wrong, much like he was in 2023.
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