Posted 2/17/2024, 10:22:00 AM
Economist Who Defied Recession Predictions Tops WSJ Rankings for 2023 Forecasting
- Economics professor Belinda Román correctly predicted strong US economic growth in 2023 when most were expecting a recession
- She forecasted 2.8% GDP growth in 2023, compared to predictions of a recession from major banks
- Román topped The Wall Street Journal's ranking of economic forecasters for accurately predicting growth, inflation, unemployment, and interest rates
- She credits her experience in the private and NGO sectors for her different perspective on the economy
- For 2024, Román predicts slightly slower but still solid 2.6% GDP growth and says the presidential election brings economic uncertainty