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CoStar Predicts: The US Economy Will Fall Into Recession in 2023

Federal Reserve Targets Labor Market To Curb Inflation By Slowing Economic Output
By Joseph Biasi
CoStar Advisory Services
January 5, 2023 | 1:13 P.M.

The United States is likely to fall into recession in 2023 as an unprecedented year of rate hikes mixed with global economic weakness and record-low consumer confidence combines to slow U.S. economic output.

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