A “rolling recession”: Industry disjointed trough and recovery points could mean a softer landing

U.S. Economic Outlook Report: August 2023

In the August U.S. Economic Outlook report, Principal Economist and Director of Analytics, Danielle Marceau, provides her view on the future trajectory of the U.S. economy and the possibility of a “rolling recession.”

The report discusses three possible economic scenarios. Danielle dives into the likelihood and depth of a possible upcoming economic dip in Q4 of 2023.

This report highlights the factors creating turmoil and those insulating the economy in 2023:

  • Consumer spending, the housing market, and the industrial production’s impact on the economy
  • Baseline economic scenario and potential softness in consumer spending
  • Discussion of a formal vs “rolling recession” and the strength of the economic environment

Download the report to learn more.


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