Economists, CEOs: Recession Risk Rising

A growing number of economists and corporate leaders are expressing concern that the United States may be headed into another recession “a nod to headwinds posed by the global growth slowdown and early-year convulsions in financial markets.” The odds of recession in the next year have risen to 21 percent, twice the level of a year earlier and the highest since 2012, according to the average estimate in the Wall Street Journal’s monthly poll of economists. The darkening sentiment reflects concerns that the world’s No. 1 economy will not be able to remain healthy when so many foreign economies are sagging.