Listed Simply Blog

LIsted-Simply-with-Background-Circle-Logo

800-995-5879

support@listedsimply.com

8am to 8pm PST M-F

10am to 3pm PST Sat | Closed Sunday

Table of Contents

Economists Forecast Recovery to Begin in the Second Half of 2020

Economists Forecast Recovery to Begin in the Second Half of 2020 | Simplifying The Market

With the U.S. economy on everyone’s minds right now, questions about the country’s financial outlook continue to come up daily. The one that seems to keep rising to the top is: when will the economy begin to recover? While no one knows exactly how a rebound will play out, expert economists around the country are becoming more aligned on when the recovery will begin.

According to the latest Wall Street Journal Economic Forecasting Survey, which polls more than 60 economists on a monthly basis, 85.3% believe a recovery will begin in the second half of 2020 (see graph below):Economists Forecast Recovery to Begin in the Second Half of 2020 | Simplifying The MarketThere seems to be a growing consensus among these experts that the second half of this year will be the start of a turnaround in this country.

Chris Hyzy, Chief Investment Officer for Merrill notes:

“We fully expect the economy could begin to pick up in late June and July with a strong recovery in the fourth quarter.” 

In addition, five of the major financial institutions are also forecasting positive GDP in the second half of the year. Today, four of the five expect a recovery to begin in the third quarter of 2020, and all five agree a recovery should start by the fourth quarter (see graph below):Economists Forecast Recovery to Begin in the Second Half of 2020 | Simplifying The Market

Bottom Line

The vast majority of economists, analysts, and financial institutions are in unison, indicating an economic recovery should begin in the second half of 2020. Agreement among these leading experts is stronger than ever.

Powered by WPeMatico

  • About Listed Simply

    Listed Simply has been helping homeowners sell their homes for a flat fee since 2013. From do it your self options to full agent support, we're here to help you save during the sale of your home.

  • Want To Sell, But Don’t Know Where To Start? Download Our Free Book

    No talking to anyone, just get the book...

  • Sell Your Home For a Flat Fee, No Commissions, No Hidden Fees.

  • List On The MLS For Only $149.

  • Recent Posts