Future of USA's Economy  Why Americans shoud know this

Economic weakness will increase and spread more widely throughout the USA

A recession is forcasted in early 2023, by The Conference Board Economic Forecast

Reasons are persistent inflation and hawkish Federal Reserve.

GDP will fall to 0.2% in 2023, and rebound to 1.7% in 2024.

Rising interest rates will intensify the US economic recession.

Unemloyment rate will be 4.5%, which is low as per historic standard's.

However this down turn will be relatively mild and brief.

USA

The growth should rebound in 2024 as fed begins to loosen monetary policy.