Inflation is easing, but U.S. economy not out of the woods, analyst argues

A year ago, many economists were predicting a recession in 2023. It didn’t happen, and inflation has fallen sharply. The consensus outlook is a bit But a recession delayed is not one denied, economist Elliot Eisenberg argued before a large crowd of Denver area real estate agents gathered Thursday morning for the Denver Metro Association of Realtors Economic Summit. “Nothing is awful, but I do think that we get a recession,” said Eisenberg, who doubled down after his Consumer spending represents about 70% of the U.S. economy and consumers have been “spending their brains out,” a key reason GDP growth held up so well last year…