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Small business owners remain very pessimistic about economic prospects this year and did not notice the third quarter surge in the economy last year that the governmen.
But a recession delayed is not one denied, economist Elliot Eisenberg argued before a large crowd of Denver area real estate agents gathered for Denver Metro Association of Realtors Economic Summit.
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 rosier, arguing that 2024 will also avoid a downturn.