An economist with Kansas-based Armada Corporate Intelligence says expectations for a coming recession have softened.
Speaking yesterday during a webinar hosted by the Metropolitan Milwaukee Association of Commerce’s World Trade Association, Chris Kuehl highlighted a “consensus emerging about the possibility of a soft landing” in various global markets.
“As you’re going forward, things don’t look so bad … This is another indicator that we’re not necessarily heading for any sort of really deep decline,” he said. “Real business sales have been climbing since 2020. And they climbed aggressively in 2021. But they kept climbing into 2022, and they’re still climbing.”