NewsBite

Anyone seen that US recession?

Anyone seen that US recession?

The US economy avoided a recession this year but, if history is any guide, it’s still a possibility.

This was the year the much anticipated US recession never happened.

The year started with high inflation, miserly economic growth and an unemployment rate heading in one direction: up. But, against the odds, 2023 is ending on a surprisingly resilient note.

Loading...
Matthew Cranston
Matthew CranstonUnited States correspondentMatthew Cranston was The Australian Financial Review’s United States correspondent.

Latest In North America

Fetching latest articles

Original URL: https://www.afr.com/world/north-america/anyone-seen-that-us-recession-20231213-p5er5b