Residential single-family home construction by KB Home in Valley Center. REUTERS/Mike Blake Despite economic growth trending lower, the nation appears to have dodged the possibility of a recession in 2024, and growth rates are expected to rebound heading into 2025, according to a UCLA forecast released Thursday. “The oft-predicted but never seen ‘recession next quarter’ has now faded in the face of expansionary fiscal policy, a new national industrial policy and a consumer who is happy to continue spending,” UCLA Anderson Forecast Director Jerry Nickelsburg wrote in his national economic outlook. “As inflation slowly works its way back to the neighborhood of 2.2% to 2.7% per annum
Hence then, the article about ucla despite slower economic growth nation has dodged a recession this year was published today ( ) and is available onTimes of San Diego ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( UCLA: Despite Slower Economic Growth, Nation Has Dodged a Recession This Year )