Can Mall-Based Retailers Survive Economic Headwinds?
Threats of the next economic recession in the near future are only getting louder. Upon seeing the inverted yield curve a couple weeks ago, several analysts speculated economic headwinds could be approaching sooner rather than later. Those speculations intensified Tuesday evening when the U.S. yield curve inverted to levels last seen in 2007, according to a Reuters report. According to a recently released survey conducted by the National Association for Business Economics, 74% of the business analysts surveyed believe an economic recession will occur by 2021. Of those, 38% believe one will occur next year, down slightly from 42% of analysts that thought the same back in February. Additionally, since February, more analysts expect a recession to be delayed, with 34% saying it will occur sometime in 2021, up from 25%. Read more at Retail Dive.
