{"id":821,"date":"2020-05-28T13:37:48","date_gmt":"2020-05-28T13:37:48","guid":{"rendered":"http:\/\/phphouses.com\/blog\/?p=821"},"modified":"2020-05-28T13:37:48","modified_gmt":"2020-05-28T13:37:48","slug":"economists-forecast-recovery-begin-second-half-2020","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/economists-forecast-recovery-begin-second-half-2020\/","title":{"rendered":"Economists Forecast Recovery to Begin in the 2nd Half of 2020"},"content":{"rendered":"
\"\"

Economists Forecast Recovery to Begin in the Second Half of 2020<\/p><\/div>\n

With the U.S. economy on everyone\u2019s minds right now, questions about the country\u2019s financial outlook continue to come up daily. The one that seems to keep rising to the top is:\u00a0when will the economy begin to\u00a0<\/em>recover<\/em><\/a>?\u00a0<\/em>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.<\/p>\n

According to the latest\u00a0Wall Street Journal\u00a0<\/em>Economic Forecasting Survey<\/em><\/a>, which polls more than 60 economists on a monthly basis,\u00a085.3% believe a recovery will begin in the second half of 2020<\/strong>\u00a0(see graph below):<\/em><\/p>\n

\"\"

Wall Street Journal Survey of Economists<\/p><\/div>\n

There 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.<\/p>\n

Chris Hyzy,\u00a0Chief Investment Officer\u00a0<\/em>for\u00a0Merrill<\/em>\u00a0notes<\/a>:<\/p>\n

\u201cWe fully expect the economy could begin to pick up in late June and July with a strong recovery in the fourth quarter.\u201d\u00a0<\/em><\/p><\/blockquote>\n

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\u00a0(see graph below):<\/em><\/p>\n

\"\"

Major Financial Institutions are Forecasting Positive GDP in the Second Half of the 2020<\/p><\/div>\n

Bottom Line<\/strong><\/h3>\n

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.<\/p>\n

 <\/p>\n

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THE INFORMATION PRESENTED IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSIDERED LEGAL, FINANCIAL, OR AS ANY OTHER TYPE OF ADVICE.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"

Economic Forecast Finish Reading Economists Forecast Recovery to Begin in the 2nd Half of 2020<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[69],"tags":[38,199,174,167,182,135,18,52,63,20,12,24,48,68,13,47,19,39,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/821"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=821"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/821\/revisions"}],"predecessor-version":[{"id":825,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/821\/revisions\/825"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}