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As property prices retreat, top economist isn't expecting recession
February 15, 2023
The U.S. economy is likely to avoid a recession, even with a downturn in housing and commercial real estate, economist Mark Zandi predicts.
Zandi, chief economist at Moody's Analytics, gave his forecast last week at an economic and commercial real estate outlook session sponsored by property firm Marcus & Millichap, which has a major office in Dallas.
He joined real estate execs who talked about where the economy and their industry is headed this year.
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Zandi, chief economist at Moody's Analytics, gave his forecast last week at an economic and commercial real estate outlook session sponsored by property firm Marcus & Millichap, which has a major office in Dallas.
He joined real estate execs who talked about where the economy and their industry is headed this year.
