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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.

Matthew CranstonUnited States correspondent
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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.

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Matthew Cranston
Matthew CranstonUnited States correspondentMatthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com

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