74% of economists in survey see US recession by end of 2021
Story Date: 8/20/2019

 

Source: Marcy Gordon, WRAL, 8/19/19

 A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021. The economists surveyed by the National Association for Business Economics, in a report released Monday, mostly didn't share Trump's optimistic outlook for the economy, though they generally saw recession coming later than they did in a survey taken in February. 

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