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Slow Growth but No Recession Predicted for U.S. Economy

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Stopping just short of predicting a recession in the U.S. through its 2021 forecast horizon, the UCLA Anderson Forecast, in its third quarterly report of 2019, expects the national economy to slow to 0.4% in the second half of 2020, before rebounding to 2.1% in 2021. Given the slow growth rate nationally and the weakness in the housing market, the Forecast expects California's … [Read more...] about Slow Growth but No Recession Predicted for U.S. Economy