To stave off recession, tackle the housing crisis and job-wage gap – Daily News

on Oct26
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Is a recession inevitable? Aw, c’mon. Life is good. Unemployment is low. Growth is moderate but steady. Economic creativity is busting out all over.

Only a genuine disruption could divert those promising trendlines. But what’s looming out there? You got it — lots of possible disruptors.

Such perils are not hiding in the shadows, they’re the game-changers we worry about daily, such as trade uncertainty, the housing crisis and erratic growth in some personal-income categories.

That was the consensus struck by a team of economists who delivered an upbeat-but-cautious projection — steeped in real-world caveats — during the Friday, Oct. 25 business forecast titled “Get Ready for 2020,” at the 31st Annual Valley Industry & Commerce Association Business Forecast Conference at the Universal City Hilton.



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