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1. www.weforum.org › press › 2023Chief Economists Say Global Recession Likely In 2023, But ...

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   Jan 16, 2023 · Geneva, Switzerland, 17 January 2023 – A majority of the World Economic Forum’s Community of Chief Economists expect a global recession in 2023, see geopolitical tensions continuing to shape the global economy, and anticipate further monetary tightening in the United States and Europe. These are the key findings of the Chief Economists Outlook, launched today at the World Economic Forum ...

   • Global Risks Report 2023 - The World Economic Forum

     Even if the economic fallout remains comparatively...

2. www.jpmorgan.com › insights › global-researchThe probability of a recession now stands at 35% - J.P. Morgan

   www.jpmorgan.com › insights › global-research

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   Aug 15, 2024 · In light of recent economic developments, J.P. Morgan Research has raised the probability of a U.S. and global recession starting before end-2024 to 35%. The probability of a recession happening by the end of 2025 remains unchanged at 45%.

   • Author: J.P. Morgan

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     How the US defied a recession in 2023 | World Business Watch

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     U.S. will ‘enter a recession in the third quarter of 2023,’ economist says

     Mar 30, 2023

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     Recession in 2023? That depends on where you are in the world

     Jan 15, 2023

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4. home.treasury.gov › news › featured-storiesThe U.S. Economy in Global Context | U.S. Department of the ...

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   Oct 26, 2023 · The United States has seen a particularly strong GDP recovery and is on track this year to reach the level that would have been predicted by the pre-pandemic trend. Global labor markets continue to strengthen, and the United States has been especially resilient. U.S. inflation has cooled sooner and more quickly than in other advanced economies.

5. www.worldbank.org › en › newsRisk of Global Recession in 2023 Rises Amid Simultaneous Rate ...

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   Sep 15, 2022 · The global economy is now in its steepest slowdown following a post-recession recovery since 1970. Global consumer confidence has already suffered a much sharper decline than in the run-up to previous global recessions. The world’s three largest economies—the United States, China, and the euro area—have been slowing sharply.

6. www.whitehouse.gov › cea › written-materialsTen Charts That Explain the U.S. Economy in 2023

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   Dec 19, 2023 · The US Economy defied expectations in 2023. Many forecasters predicted a recession at the year’s outset, some even asserting it with a 100% probability. This blog post highlights ten trends that ...

7. www.cbo.gov › publication › 58957The Economic Outlook for 2023 to 2033 in 16 Charts

   www.cbo.gov › publication › 58957

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   At a Glance The Congressional Budget Office regularly publishes its baseline projections of what the federal budget and the economy would look like in the current year and the following 10 years if current laws governing federal taxes and spending generally remained unchanged. This report summarizes—with an emphasis on graphic presentation—the information about CBO’s economic forecast ...

8. People also ask

   Will there be a global recession in 2023?

   • Almost two-thirds of chief economists believe a global recession is likely in 2023; of which 18% consider it extremely likely – more than twice as many as in the previous survey conducted in September 2022. A third of respondents consider a global recession to be unlikely this year.

   Chief Economists Say Global Recession Likely In 2023, But Pressures On

   www.weforum.org/press/2023/01/chief-economists-say-global-recession-likely-in-2023-but-cost-of-living-crisis-close-to-peaking/

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   Did the US economy defie expectations in 2023?

   • The US Economy defied expectations in 2023. Many forecasters predicted a recession at the year’s outset, some even asserting it with a 100% probability. This blog post highlights ten trends that capture some of the most important economic developments of the past year.

   Ten Charts That Explain the U.S. Economy in 2023

   www.whitehouse.gov/cea/written-materials/2023/12/19/ten-charts-that-explain-the-u-s-economy-in-2023/

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   What will the World Economic Forum expect in 2023?

   • Davos-Klosters, Switzerland, 17 January 2023 – A majority of the World Economic Forum’s Community of Chief Economists expect a global recession in 2023, see geopolitical tensions continuing to shape the global economy, and anticipate further monetary tightening in the United States and Europe.

   Chief Economists Say Global Recession Likely In 2023, But Pressures On

   www.weforum.org/press/2023/01/chief-economists-say-global-recession-likely-in-2023-but-cost-of-living-crisis-close-to-peaking/

   See all results for this question

   Could a recession tip the global economy into recession?

   • Global consumer confidence has already suffered a much sharper decline than in the run-up to previous global recessions. The world’s three largest economies—the United States, China, and the euro area—have been slowing sharply. Under the circumstances, even a moderate hit to the global economy over the next year could tip it into recession.

   Risk of Global Recession in 2023 Rises Amid ... - World Bank Group

   www.worldbank.org/en/news/press-release/2022/09/15/risk-of-global-recession-in-2023-rises-amid-simultaneous-rate-hikes

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   Will global growth slow in 2023?

   • If this were accompanied by financial-market stress, global GDP growth would slow to 0.5 percent in 2023—a 0.4 percent contraction in per–capita terms that would meet the technical definition of a global recession. “Global growth is slowing sharply, with further slowing likely as more countries fall into recession.

   Risk of Global Recession in 2023 Rises Amid ... - World Bank Group

   www.worldbank.org/en/news/press-release/2022/09/15/risk-of-global-recession-in-2023-rises-amid-simultaneous-rate-hikes

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   Will there be a recession in 2025?

   • Looking ahead, the probability of a recession happening by the end of 2025 remain unchanged at 45%. “While recognizing additional uncertainties related to the political backdrop, we have not altered our assessment of the probability of a recession by the end of next year,” Kasman said.

   The probability of a recession now stands at 35% - J.P. Morgan

   www.jpmorgan.com/insights/global-research/economy/recession-probability

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9. www.weforum.org › publications › global-risks-reportGlobal Risks Report 2023 - The World Economic Forum

   www.weforum.org › publications › global-risks-report

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   Jan 11, 2023 · Even if the economic fallout remains comparatively contained, global growth is forecast to slow to 2.7% in 2023, with around one-third of the world’s economy facing a technical recession – the third-weakest growth profile in over 20 years. 18 This downturn will be led by advanced markets, with projected growth falling to 1.1% in 2023, while the largest economies – the EU, China and the ...