In a recent survey, only 25% of business economists and analysts foresee a recession in the United States in 2024. The potential downturn is likely to be triggered by external factors, such as a conflict involving China, rather than domestic economic issues like increased interest rates. What Happened: The National Association of Business Economics (NABE) conducted a survey, the results of which were released on Monday. The survey revealed that the majority of respondents believe that a recession in 2024 would be due to an external shock, such as a conflict with China, rather than domestic eco…
