UCLA Forecast: Feared Recession Likely Avoided, California Economy Outpaces Nation ...Middle East

Times of San Diego - News

Housing construction in Otay Mesa. Photo by Chris Stone After months of uncertainty that hinged on federal decision-making on interest rates, the U.S. economy appears to have dodged the possibility of slipping into recession, although there are still future potential risks to the financial outlook, according to a UCLA economic forecast released Wednesday. “The oft-predicted but never seen ‘recession next quarter’ has now faded into the face of expansionary fiscal policy, a new national industrial policy and a consumer who is happy to continue spending,” Jerry Nickelsburg, director of the UCLA Anderson Forecast, wrote in a quarterly report on nation’s economy. “Nevertheless, the impact

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UCLA Forecast: Feared Recession Likely Avoided, California Economy Outpaces Nation ...Middle East

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