A survey of an influential panel of economists has revealed that three-fourths of experts believe the United States will enter a recession by 2021.
The economic leadership and research group National Association of Business Economics (NABE) published the survey of its 281-member panel on Monday.
Nearly half of the questioned NABE panel believed the economy would begin to retract as soon as 2020. Another 10 percent, however, estimated that a recession could even begin as soon as later this year.
One-fourth of the panel said the next recession would start in 2021, marking a total of 77 percent of panelists believing a recession would hit in the next two years.
Another 11 percent believed an economic slowdown would start after 2021 and 13 percent declined to predict an upcoming recession.
Numerous groups and economic experts have recently expressed concern over a possible upcoming recession.
Last month, a monthly poll of economists…