RSM: 75% Chance of Recession in Next 12 Months

04/28/2023

OMA Connections Partner RSM forecasts a 75% chance of a recession over the next 12 months due to the likelihood of tighter lending standards. On its “Real Economy” blog, the firm notes that manufacturer sentiment “has resided in terrain consistent with a recession for the past four months.” On May 16, RSM will host a complimentary webinar to examine the economic headwinds and outlook for middle market businesses. Register here. 4/26/2023

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