businessinsider
Oct 21
17K
0.47%
As the New Year approaches, everyone who's anyone is trying to figure out what's going on with the US economy.
By and large, things aren't too bad right now. But a lot of smart people are saying: Just wait. Things are really going to suck in 2023.
A recession would affect the average person in a number of ways, mainly in regards to employment. Even though workers have been enjoying a historic amount of bargaining power during the pandemic as companies have scrambled to fill a labor shortage, the trend is about to reverse.
From Tesla CEO Elon Musk who's predicting a "mild recession" for 18 months to Restoration Hardware CEO Gary Friedman who said "anybody who thinks we're not in a recession is crazy," here's what some of the nation's top business leaders are bracing for in 2023.
Read more at the link in our bio.
Story by Hannah Towey & Jason Lalljee.
(Credit: Getty)
businessinsider
Oct 21
17K
0.47%
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