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Economic Forecast

Economic-Forecast-2024-Website-1-qcb6j2ee01w7bxxplnmme3i33s3vauf4e39jfzmi6i.jpg

Chance of recession becomes mild, but risks remain

Better than expected growth this year puts the region in better position for 2024
November 8, 2023
Grant Forsyth

The good news as we exit 2023 is the U.S. avoided a widely expected recession this year. The bad news is the chance of a mild recession in 2024 still remains a risk.  


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Creating our future economy today

Economic Forecast Supplement
November 8, 2023
Alisha Benson

We continue our long-standing partnership with the Journal of Business to bring you the 26th Annual Economic Forecast with a theme highlighting “What Recession?” from a panel offering local, regional, and national insights.


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Think calm resilience in 2024

Economic Forecast Welcome
November 8, 2023
Paul Read

I think economist Steve Scranton summed it up best this year: “If times are good for you, keep doing what you are doing, but remain alert and prepared.” 
My reading of a collection of articles for this supplement, written by local economists, cemented what most of us are already thinking, that the questions we had going into 2023 remain unanswered for 2024. But here’s the punchline: Fears of a full recession seem to have minimized, meaning a soft landing in 2024 is still very possible. 


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