Survey: Inflation Won't Hit The Fed's 2% Target Until 2025
Most experts expect inflation to hit the Federal Reserve’s preferred 2 percent goal post by the end of 2025, Bankrate’s Economic Indicator poll shows.
Source: bankrate.com
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Survey: Economists Keep Projecting Unemployment Surge And Hiring Slowdown
Economists see employers adding roughly 44,000 new positions each month on average between now and September 2024, Bankrate’s latest poll found.
Source: bankrate.com
Leading economists call for 2% increase in building construction spending in 2024
Following a 19.7% surge in spending for commercial, institutional, and industrial buildings in 2023, leading construction industry economists expect spending growth to come back to earth in 2024, according to the July 2023 AIA Consensus Construction Forecast Panel.
Source: bdcnetwork.com
Survey: Job Market Slowdown And Unemployment Surge On Horizon
Employers are expected to add roughly 29,000 new positions each month on average between now and June 2024, while unemployment is expected to hit 4.5 percent.
Source: bankrate.com
Survey: Recession By July 2024 Likely Despite Resilient Economy
Experts put the odds of a recession between now and July 2024 at 59 percent, showing a downturn is more likely than not.
Source: bankrate.com