The good news as we exit 2023 is the U.S. avoided a widely expected recession this year. The bad news is the chance of a mild recession in 2024 still remains a risk.
At this time last year, there was hope that 2022 would ring in more predictable economic activity in the U.S. and Inland Northwest. Sadly, it was not to be so. The disruptions started by the pandemic, notably the labor market and supply chain disruptions,