MBA Sticks With Recession Prediction, but It’s Not All Bad News

Credit Union Times, May 23, 2023–Jim DuPlessis
Ignoring a potential U.S. default on its debts and other dangers, the economy continues to supply occasional pleasant surprises. Take the Mortgage Bankers Association’s latest forecast, which still shows two back-to-back quarters of decline in gross domestic product. While the MBA told CU Times Tuesday it is “still predicting a mild to moderate recession for later in 2023,” the numbers it forecast might barely qualify.
https://www.cutimes.com/2023/05/23/mba-sticks-with-recession-prediction-but-its-not-all-bad-news/