UCLA Anderson Forecast Senior Economist David Shulman Says Economy Will Not Return Back to the Levels Established in 4th Quarter 2019 Until Early 2023



“To call this crisis a recession is a misnomer. We are forecasting a 42% annual rate of decline in real GDP for the current quarter, followed by a ‘Nike swoosh’ recovery that won’t return the level of output to the prior fourth quarter of 2019 peak until early 2023,” Read more

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