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CNBC’s Cox: Most Economists See Flat Q4, Recession by Early or Mid-2023

Unsustainable Export Growth Kept GDP from Being Negative

CNBC’s Cox: Most Economists See Flat Q4, Recession by Early or Mid-2023 Image Credit: Leonid Sorokin / Getty Images
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On Thursday’s broadcast of NBC’s “MTP Now,” CNBC Economics Editor Jeff Cox stated that if you took out the unsustainably high rise in exports, the third quarter GDP would have been negative and most economists believe that by “early or mid-2023, we will, in fact, be in a recession.”

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