File - A hiring sign is displayed at a job agency in Mount Prospect, Ill., Thursday, Jan. 3, 2023. An economic downturn remains very possible. Yet in recent weeks, with inflation showing widespread signs of easing, a more cheerful view has begun to gain traction: Maybe a recession isn't inevitable after all.(AP Photo/Nam Y. Huh, File)
January 15, 2023
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January 15, 2023 8 a.m.
Can US avoid a recession? As inflation eases, optimism rises
For months, the outlook for the U.S. economy has been a mostly bleak one: Inflation hitting a four-decade high, consumer spending weakening, interest rates surging.