In this issue of the NC State Economist, Hugh C. Kiger Distinguished Professor Jeffrey Dorfman recaps the economy in 2023 and predicts economic trends for the upcoming year.
Key Highlights:
- Expecting slowing growth in 2024
- Mild to moderate recession possible, but not certain
- If the weather cooperates, it should be a decent year for NC agriculture
- Top risks are geopolitical disruptions, a consumer spending pullback and commercial real estate refinancing difficulties
- Categories:
