No recession soon for Connecticut, economist says
After years of healthy job growth, sharply rising income, unemployment dropping toward 1960s levels and practically no inflation, Connecticut and the nation have reached a turning point.
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Economist Don Klepper-Smith says his reading of current trends show no signs of recession for Connecticut, or the nation. On the other hand, there are factors in play that may have a negative impact on growth.
The prospect for Connecticut’s and the U.S. economies lapsing into recession anytime soon are remote, but new trade tariffs, a jittery stock market, plus this state’s stubborn job recovery and population loss, could impact both down the road, an economist says.
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No recession soon for Connecticut, economist says Luther Turmelle BRANFORD – The chief economist for the National Association of Realtors told members of a housing trade group thursday that despite some of the challenges Connecticut’s economy is facing, he doesn’t expect the state to fall into a recession either this year or next.
No recession soon for Connecticut, economist says. he doesn’t expect the state to fall into a recession either this year or next.. But he said a shortage of moderately priced housing in.
Economists Think the Next U.S. Recession Could Begin in 2020 Majority of forecasters surveyed by WSJ predict the current expansion will end only after setting a record for longevity
· Clawbacks In Connecticut: What Idaho Could Learn From How One state handles breaks For Business. of the Connecticut Department of Economic and Community Development, says part of the contract.
"It has that shape," says Snaith, director of UCF’s Institute for Economic Competitiveness, poking fun at the more typical descriptions of recession shapes and graphs. "Forget the V-shape or other letters that economists talk about when they describe the economy," he adds.
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· J.C. Penney Says No,’ It’s Not Prepping for a Bankruptcy Filing. policies could lead to a new recession in 2020, according to a group of top business economists.. by the end of 2020.