4min chapter

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A Recession Is “Somewhat Unavoidable,” Says Liz Ann Sonders

Forward Guidance

CHAPTER

The US Economy Is in a Rolling Recession

I know many in the market have been anticipating our recession that the US would enter quite quickly, but the economic data in January and February was surprisingly strong. What is your take on the most recent economic data? We've been saying we've been in a version of a rolling recession for a while now where the weakness rolls from different segments of the economy at different times. Now the question is not so much, will there be a recession? I think at this point, it's, will there eventually be a recession by the NBR?

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